17 December 2020 8:11 GMT Updated 17 December 2020 19:14 GMT in London OPINION: The recent landmark agreement between Malaysia’s national oil company Petronas and Sarawak gives the East Malaysia state a greater share of revenues from its oil and gas operations. The deal also provides for Sarawak’s state-run oil player Petros to manage onshore activities in the state and to have more involvement in upstream offshore operations. Although there is little in the way of public detail on the agreement, the resolution itself should give a boost to Sarawak’s investment climate. The state government has already awarded Petros two such blocks — Adong Kecil West in the Miri area and the Engkabang area, south of Marudi.