Third PSC contract attracts much interest


Dateline 2013-05-19, Borneo Post:

The announcement of the third round of Petroliam Nasional Bhd’s (PETRONAS) risk service contract (RSC) licensing for 10 marginal fields has excited the sector favourably, attracted up to two dozen players in its process.

According to AmResearch Sdn Bhd (AmResearch) in a sectoral outlook previously, the fields for this third round include Bunga Pelaga, Rompin, Endau, Lada Hitam, D41 and A21 off Sarawak, Rusa Timur, Mutiara Hitam and Kuda Terbang off Sabah and Ophir, the lone field on offer off Peninsula Malaysia.

The research firm noted that five of the fields — Ophir, Bunga Pelaga, Lada Hitam, Rusa Timur and Mutiara Hitam — were offered in two earlier licensing rounds in 2011 and 2012.

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