Offshore Oil & Gas Future Development

Petroliam Nasional Berhad (PETRONAS) today signed two Exploration and Production Sharing Agreements with the Ministry of Oil of Bahrain for two offshore blocks, namely Blocks IV and VI.

The agreements were signed by President and Chief Executive of PETRONAS Tan Sri Dato’ Mohd Hassan Marican and by Bahrain Oil Minister His Excellency Shaikh Isa Ali Al Khalifa. The signing ceremony was witnessed by Malaysia’s Prime Minister Dato Seri Dr Mahathir Mohamad and Bahrain’s Prime Minister His Highness Shaikh Khalifa Salman Al Khalifa. (more…)