Malaysia delays latest licensing round

Waiting for IGL’s bid, I see.

Dateline 2022-06-18, Upstream:

Petronas’ Malaysia Petroleum Management (MPM) has delayed the deadline for bid submissions for ongoing licensing round Malaysia Bid Round 2022 (MBR 2022).

Without elaborating, MPM said the deadline has been pushed back from 30 June to 15 July 2022.

While no reason was given, such moves are typically due to prospective bidders requesting more time to review the available data and prepare their submissions, or potentially because of a lacklustre response to date as the original deadline looms.

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