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 (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 […]