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The blocks under the PSCs span across three regions offshore Malaysia comprising two blocks in offshore Peninsular Malaysia, three blocks off the coast of Sarawak and one exploration block and one DRO cluster situated off the coast of Sabah.
Petronas made a second discovery on Suriname's Block 52.
Petronas achieved success in five blocks on the Malaysian side of Borneo island.
PETRONAS has launched the Malaysia Bid Round 2023 (MBR 2023), offering 10 exploration blocks and two clusters of Discovered Resource Opportunities (DRO). Themed 'Winning the Energy Transition with our Advantaged Energy', MBR 2023 saw the participation of more than 50 oil and gas companies, as well as government agencies, foreign trade attachés and energy market consultants.
Petronas has offered ten exploration blocks and two clusters of discovered resource opportunities in its annual bid exercise.