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PETRONAS Offers 13 Blocks In Malaysia's Highly Prolific Basins At The Upcoming Malaysia Bid Round 2021

19/02/2021 03:55 PM

KUALA LUMPUR, Feb 19 (Bernama) -- PETRONAS today announced that it will be offering 13 offshore exploration blocks in Malaysia at the upcoming Malaysia Bid Round (MBR) 2021 launch on 26 February 2021. Also included are six discovered fields to incentivise investors to undertake more extensive exploration activities within those blocks. This year’s MBR also features the offering of four deepwater blocks adjacent to the coast of Sarawak and Sabah which saw prominent exploration discoveries in recent years.

The MBR 2021 launch event will be held virtually in Kuala Lumpur, Malaysia and live-streamed to three different markets namely North America, United Kingdom and Europe as well as Asia Pacific. Themed ‘Grow your Energy Portfolio with Us’, MBR 2021 aims to attract investors with unique capabilities to unlock the full potential of the hydrocarbon resources in Malaysia.

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