Malaysia: PETRONAS Carigali and Sabah State sign farm out agreement for Samarang PSC

PETRONAS Carigali Sdn Bhd (PCSB), a wholly-owned subsidiary of PETRONAS has entered into a Farm Out Agreement with SMJ Sdn Bhd (SMJSB), a company wholly-owned by the Sabah State Government, for the sale of PCSB’s 50 per cent non-operating participating interest in the Samarang Production Sharing Contract.

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