Rex International, together with its Malaysia partner, Duta Marine, has been awarded two production sharing contracts (PSCs) by Petroliam Nasional Berhad (Petronas), Malaysia’s national oil corporation on Aug 30.
The contracts are related to the development and production of the Rhu-Ara and the Diwangsa clusters located offshore of the Malaysian Peninsula.
The Rhu-Ara cluster has two discovered oil fields and the Diwangsa cluster has four discovered oil fields.
