Petronas remains optimistic on oil and gas potential


Dateline 2021-03-23, Malay Mail:

Petroliam Nasional Bhd (Petronas) remains optimistic of strong potential in oil and gas and is making every effort to create conducive investment conditions.

President and group chief executive officer Tengku Muhammad Taufik Tengku Aziz said the national oil company currently has 13 blocks on offer in the recently launched Malaysia Bid Round 2021.

He said the bid round incorporated innovative block offerings, flexible bidding options, a two-phased exploration period, as well as data access and transparency.

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