Petronas International Corporation Limited (PICL), a wholly owned subsidiary of Malaysian state Petronas has completed the transfer of its 25% interest in Premier Oil Plc for the latter’s interests in producing fields in Myanmar and Indonesia. The transaction, announced last September, was completed last week. With the deal PICL relinquished its 25% shareholding in Premier…
MALAYSIA: Petronas unit completes swap exercise with Premier Oil
Posted on September 17, 2003 by EnergyAsia