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20-year extension agreed for key Southeast Asian producing asset

Malaysia’s energy giant Petronas, through Malaysia Petroleum Management (MPM), compatriot independent Hibiscus Petroleum and state-owned PetroVietnam have signed a Key Principles Agreement (KPA) to ...
The Star

Hibiscus Petroleum secures 20-year extension for PM3 commercial arrangement area PSC

KUALA LUMPUR: Hibiscus Petroleum Bhd ’s indirect wholly-owned subsidiaries, Hibiscus Oil & Gas Malaysia Limited (HML) and Hibiscus Oil & Gas Malaysia (PM3) Limited (HML PM3), have signed a key ...
Rigzone

Malaysia, Vietnam to Extend Agreements on Border Fields

Petronas and Petrovietnam agreed to extend their production sharing contract and gas sales agreement for the PM3 Commercial Arrangement Area for another 20 years. Image by Jacob Wackerhausen via ...
Rigzone

Petronas Delivers First LNG Cargo for Petrovietnam

Petroliam Nasional Bhd. (Petronas) has delivered its first liquefied natural gas (LNG) cargo for Vietnam National Industry-Energy Group (Petrovietnam), renamed earlier this month from Vietnam Oil and ...