Petronas to farm out 50% stake in key Malaysian asset offshore Sabah

Deal paves the way for SMJSB’s potential acquisition of 50% interest in the Samarang PSC

Offshore stake: Petronas chief executive Tengku Muhammad Taufik. — Offshore stake: Petronas chief executive Tengku Muhammad Taufik.Photo: PETRONAS

Nishant Ugal

New Delhi

Published 26 February 2023, 19:18Updated 26 February 2023, 19:21

Petronas Sabah Malaysia Tengku Muhammad Taufik Samarang