#pm309

Uzma Unfazed by Concerns Over Berantai, Balai RSC Cessations in Malaysia

Tg. Baram acreage may be returned?

Dateline 2016-08-08, Rigzone:

Malaysia’s upstream oil and gas services company Uzma Berhad, holder of a minority stake in the Tanjung Baram oil field in Block SK307 offshore Sarawak, is unfazed by talks that the risk service contract (RSC) for the acreage might be cancelled amid cost rationalization initiative undertaken by the country’s national oil firm…

PETRONAS Appoints Vestigo Operator of Malaysia’s Berantai RSC

Again, this is old news for those who are in the business. I didn’t even know there was a bidding exercise, if not I would have put in a bid.

Dateline 2016-07-21, Rigzone:

Malaysia’s national oil company Petroliam Nasional Berhad (PETRONAS) appointed Wednesday its wholly-owned subsidiary Vestigo Petroleum Sdn Bhd as operator of the Berantai field in Block PM 309, located about 93 miles (150…