Malaysia’s state oil and gas company Petronas and PetroChina have acquired the entire share capital of Amerada Hess Indonesia Holdings Limited (AHIH), a Amerada Hess Corporation subsidiary, for US$164 million. Petronas participated in the joint acquisition via subsidiary Petronas Carigali Jabung Ltd. AHIH has a 30% interest in Indonesia’s Jabung Block Production Sharing Contract (PSC)…
INDONESIA: Petronas acquires Amerads Hess’ interest in oil and gas field and project
Posted on April 29, 2003 by EnergyAsia