Malaysia’s Petronas awards six upstream exploration blocks


Dateline 2021-12-22, Energy Voice:

Malaysia’s Petronas has awarded six of the 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021.

The six blocks, awarded to both existing and new players, are Blocks SB412, 2W, X, SK427, SK439 and SK440. These awards are subject to the signing of the production sharing contracts (PSCs) between the relevant parties by the first quarter of 2022, Petronas said today.

The MBR 2021 themed “Grow Your Energy Portfolio With Us” was virtually launched on 26 February 2021, with over 250 potential and existing investors streaming live from North America, Europe and Asia Pacific.

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