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Representative image of gold bars and tanker traffic in the Strait of Hormuz, illustrating why gold prices climbed to a one-month high even as the waterway was declared completely open.

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PETRONAS secures a vital PSC extension for the Ketapang Contract Area in the Java Sea until 2048, reinforcing its commitment to Indonesia's energy future.

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Energy Industry News

PETRONAS extends Java Sea production sharing contract until 2048

PC Ketapang II Ltd. (PCK2L), a pivotal subsidiary of Malaysia’s PETRONAS, has successfully secured a Production Sharing Contract…

byPallavi Madhiraju

May 15, 2024

PETRONAS Strengthens Its Footprint in Indonesia with Extended Contract for Ketapang Area

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Energy Industry News

PETRONAS granted 20-year PSC extension for Java Sea’s Ketapang Area

PC Ketapang II Ltd. (PCK2L), a subsidiary of the global energy giant PETRONAS, has successfully secured a significant…

byPallavi Madhiraju

January 6, 2024

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