KUALA LUMPUR (AFX-ASIA) – The proposed new consortium of local companies to develop marginal oil fields in Malaysia will work as a production-sharing contract (PSC) contractor to Petronas, The Edge reported, quoting Petronas president and chief executive officer Hassan Merican. “It will have to work within the PSC environment because all concessions are held by…
MALAYSIA: Petronas says new oil consortium will work on PSC basis Ð report
Posted on October 10, 2003 by EnergyAsia