Potential investors are expected to be able to carry out
the scopes of the Petroleum Arrangement (PA) contract with due consideration of the specific nature and challenges of the assets which may require tailored solutions and advanced technologies. Such investors are expected to have the requisite upstream operating experience, technical capabilities including niche strengths, and financial strength in order to be considered for opportunities by PETRONAS.
| Description | Operator | Equity Partner |
|---|---|---|
| Applicant Criteria | Player with capabilities in the Exploration & Production (E&P) industry. |
|
| Technical Qualification |
|
Applicants to provide evidence of capability through experience as an operator and/or equity partner and its expertise in carrying out exploration, development and/or production activities. |
| Financial Strength | To be determined based on asset | |
PETRONAS reserves the right to request for additional information for the purpose of evaluating the bidders’ proposals.
PETRONAS also reserves the absolute right and discretion on any decision concerning the bidding exercise and awards.