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Sabah signs deal for up to 20% back-in option on Block SB409 production sharing contract

KOTA KINABALU: The Sabah government has signed a Letter of Understanding (LoU) with PETRONAS Carigali Sdn Bhd (PCSB) and E&P Malaysia Venture (EPMV) on the back-in option arrangement on the Block SB409 Production Sharing Contract (PSC).