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Home News Sites Nabalu News

Sabah in Heads of Agreement with PETRONAS for 50 pct potential acquisition in Samarang PSC

February 22, 2023
in Nabalu News
Reading Time: 1 min read
Sabah in Heads of Agreement with PETRONAS for 50 pct potential acquisition in Samarang PSC
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KUALA LUMPUR: Sabah is clearing the way for a potential acquisition of 50 per cent participating interest in the Samarang Production Sharing Contract (Samarang PSC) following the signing of the Heads of Agreement (HoA) between SMJ Sdn. Bhd. (SMJSB) and PETRONAS Carigali Sdn. Bhd. (PCSB).

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