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KUALA LUMPUR (Bernama) Petroliam Nasional Bhd (Petronas) has awarded Block SB405, off the coast of Sabah, offshore Malaysia, to ConocoPhillips East Malaysia Ltd (COPEM) a subsidiary of ConocoPhillips and Petronas Carigali Sdn Bhd (PCSB). In a statement, Petronas said the award is expected to bolster exploration activities off the coast of Sabah following the opening of more block investment opportunities in the country. The Production Sharing Contract (PSC) was signed today. Petronas, PCSB and COPEM were represented by Malaysia Petroleum Management senior vice president, Mohamed Firouz Asnan; Exploration, Upstream vice president, Emeliana Rice-Oxley; and COPEM president, Erik Keskula, respectively.

Kuala lumpurMohamed firouz asnanPetronas carigali sdn bhdKuda terbangErik keskulaMohamed firouzConocophillips east malaysia ltdMalaysia petroleum managementNasional bhdProduction sharing contractEmeliana rice oxleyNorth east sabahPetronas carigaliகுவாலா லம்பூர்கோனோகோபிலிப்ஸ் கிழக்கு மலேசியா லிமிடெட்மலேசியா பெட்ரோலியம் மேலாண்மை