PETRONAS Signs New Discovered Resource Opportunities Production Sharing Contracts
Press Release
KUALA LUMPUR, 17 January 2023 – PETRONAS today signed Production Sharing Contracts (PSCs) for three clusters of Discovered Resource Opportunities (DRO) marketed under the Malaysia Bid Round (MBR) 2022.
The A Cluster was awarded to Ping Petroleum Sdn Bhd and Petroleum Sarawak Exploration & Production Sdn Bhd (PSEP), while Dialog Resources Sdn Bhd and PSEP won the bid for the Baram Junior Cluster. Both clusters are located off the coast of Sarawak.