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PETRONAS has signed Production Sharing Contracts (PSCs) for nine exploration blocks marketed under the Malaysia Bid Round 2022 (MBR 2022) with the winning bidders consisting of four existing and four new investors.
The 10 exploration blocks on offer are within the producing Malay, Sabah and Sarawak basins as well as the newly opened Penyu basin. These blocks cover various geological play settings with sizeable prospects to be explored.
PETALING JAYA: G Capital Bhd’s 74.64%-owned subsidiary, Kundur Hydro R E Sdn Bhd (KHRE) is in a renewable energy power purchase agreement (Reppa) with Tenaga Nasional Bhd (TNB