KUALA LUMPUR, Nov 2 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its wholly-owned subsidiary Petronas Carigali Sdn Bhd, has entered into a series of farm-out agreements (FOAs) with its joint venture partners.
Petronas, Partners Sign Farm-Out Agreements For Sarawak Offshore Fields
Petronas, Petronas Carigali, FOAs, offshore, ga
BE Bernama 
Key takeaways
Petronas Carigali signed farm‑out agreements with TotalEnergies, KUFPEC and PTTEP for the SK410B Lang Lebah and B14 offshore Sarawak fields, making TotalEnergies operator and allocating 30% operator, 25% PTTEP, 25% KUFPEC, 20% Petronas Carigali.
- TotalEnergies will operate both fields after the agreements.
- The agreements aim to integrate development and optimise infrastructure across the two PSCs.
- Ownership stakes: TotalEnergies 30%, PTTEP 25%, KUFPEC 25%, Petronas Carigali 20%.
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