Petronas Launches an Oil and Gas Tender ...Middle East

Malaysia’s state energy company Petronas has launched an oil and gas tender for five exploration blocks in the offshore Malay and Penyu Basins, and the Sandakan Basinthe company said in a statement. Petronas referred to the basins as “diverse geological plays with significant resource potential”, adding that “three DRO [discovered resource opportunity] clusters are available in shallow waters near existing infrastructures and potential gas market, enabling rapid monetisation.” The company also reported its 2024 bidding…

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