On seven oil and gas producing fields: 50pc Samarang stake formalised

This follows the signing of Heads of Agreements (HoA) between State-owned SMJ Sdn Bhd (SMJSB) and PCSB on Feb 22 in Kuala Lumpur, witnessed by Chief Minister Datuk Seri Hajiji Haji Noor.

This follows the signing of Heads of Agreements between State-owned SMJ Sdn Bhd and

will continue to operate Samarang PSC, with is the operator and currently holds 100 per cent of the participating interest under the Samarang PSC since 1995 and has signed a supplementary PSC agreement with Petronas in 2018 to extend the PSC operations until Dec 31, 2035. and

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