Kuala Lumpur: SMJ Energy Sdn Bhd (SMJESB) ushered in the New Year with another deal for up to 20 per cent stake in Block SB403 Production Sharing Contract (PSC), here, Tuesday.
KOTA KINABALU: State-owned SMJ Energy (SMJESB) has signed a second deal to take a stake of up to 20% in an offshore oil exploration area in northern Sabah.
Petronas Carigali to shoot offshore CCS site upstreamonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upstreamonline.com Daily Mail and Mail on Sunday newspapers.
Petronas Carigali (PCSB), a wholly-owned subsidiary of Malaysia’s state-owned energy giant Petronas, has entered into a farm-out agreement (FOA) for an oil and gas asset off the coast of Sabah with SMJ Sdn Bhd (SMJSB), a company wholly-owned by the Sabah state government.
PETRONAS Carigali Sdn Bhd (PCSB), a wholly-owned subsidiary of PETRONAS has entered into a Farm Out Agreement with SMJ Sdn Bhd (SMJSB), a company wholly-owned by the Sabah State Government, for the sale of PCSB’s 50 per cent non-operating participating interest in the Samarang Production Sharing Contract.