Petroleum Sarawak Exploration and Production Sdn. Bhd.

Bhd. (PSEP) is a wholly owned subsidiary of PETROS and is the third-largest equity holder in Malaysia’s oil and gas sector with equity in multiple producing and exploration Production Sharing Contracts.

PSEP holds a 30% participating interest in the Baram Junior Cluster Small Field Asset Production Sharing Contract in Malaysia, with Dialog Resources Sdn. Bhd. holding the remaining 70%.

The Baram Junior Cluster Small Field Asset Production Sharing Contract was signed on January 17, 2023, between Dialog Resources Sdn. Bhd., Petroleum Sarawak Exploration and Production Sdn.

Bhd., and Petroliam Nasional Bhd (PETRONAS), allowing a 14-year operational period.