Petronas teams up with majors off Sabah

Offshore exploration: Petronas has signed a PSC with ConocoPhillips and Shell to explore the SB311 Block off Sabah

Malaysian state-run oil company Petronas has awarded a production sharing contract for Block SB311, off Sabah, to US company ConocoPhillips, Anglo-Dutch supermajor Shell and its own subsidiary, Petronas Carigali.

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