Malaysia, Brunei ink historic megabuck deals


Dateline 2013-12-09, The Star:

Malaysia and Brunei have inked historic and money-spinning deals to jointly drill for oil and gas in the resource-rich waters off the maritime border shared by the two nations, between the northern parts of Sarawak, Brunei and Sabah.

The national oil companies of the two nations also agreed on a deal to explore for shale gas in a joint project in Canada.

Prime Minister Datuk Seri Mohd Najib Tun Razak and Sultan Hassanal Bolkiah on Sunday night witnessed the signing of the deals between Malaysia’s national oil company Petronas and PetroleumBRUNEI after their meeting at the palace here in the sultanate.

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This entry was posted on Friday, January 24th, 2014 at 6:00 am and is filed under Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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