PC Ketapang II Ltd. (PCK2L), a pivotal subsidiary of Malaysia’s PETRONAS, has successfully secured a Production Sharing Contract (PSC) extension for the Ketapang Contract Area in the Java Sea, which will now continue until 2048. This extension follows the recent approval by the Government of Indonesia through the Ministry of Energy and Mineral Resources, cementing […]
PC Ketapang II Ltd. (PCK2L), a subsidiary of the global energy giant PETRONAS, has successfully secured a significant extension to its energy operations in the Java Sea. The 20-year extension of the Production Sharing Contract (PSC) for the Ketapang Working Area, initially set to expire in 2028, represents a major milestone for the company. This […]