PETRONAS and PETROVIETNAM Strengthen Partnership with 20-Year PSC and UGSA Extension for PM3 CAA

HANOI, 10 April 2025 – PETRONAS, through Malaysia Petroleum Management (MPM), and Vietnam Oil and Gas Group (PETROVIETNAM) signed a Key Principles Agreement (KPA) to extend the Production Sharing Contract (PSC) and Upstream Gas Sales Agreement (UGSA) for the PM3 Commercial Arrangement Area (CAA) for another 20 years.