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Petronas Awards PSCs for 6 Blocks Offshore Malaysia

The round is expected to garner more than $0.27 billion (MYR 1.3 billion) worth of capital investment in the country in the form of exploration work activi.

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PETRONAS awards seven new PSCs under Malaysia bid round 2023

PETRONAS awards seven new PSCs under Malaysia bid round 2023
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PETRONAS, Shell win big at Malaysian offshore exploration bid round

The blocks under the PSCs span across three regions offshore Malaysia comprising two blocks in offshore Peninsular Malaysia, three blocks off the coast of Sarawak and one exploration block and one DRO cluster situated off the coast of Sabah.

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Malaysia: PETRONAS awards seven new PSCs under Malaysia Bid Round 2023 and launches Malaysia Bid Round 2024

Malaysia: PETRONAS awards seven new PSCs under Malaysia Bid Round 2023 and launches Malaysia Bid Round 2024
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Petronas awards seven new PSCs offshore Malaysia

Petronas has awarded production sharing contracts (PSCs) for seven areas as part of the Malaysia Bid Round 2023 (MBR 2023).

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