PETROS acquires 45pct equity in Block SK407
KUCHING: Petroleum Sarawak Berhad (PETROS) has entered into a production sharing contract (PSC) with Petroliam Nasional Berhad (PETRONAS) to acquire 45 percent equity in Block SK407 located offshore Miri effective Jan 1, next year. This was announced by PETROS chairman Tan Sri Hamid Bugo who described the move as a