Petronas has signed production sharing contracts (PSCs) with several oil and gas players for three clusters of discovered resource opportunities (DRO) situated offshore Peninsular Malaysia as part of the first round of Malaysia Bid Round Plus (MBR+).
Given the worldwide rise in threats to energy and other underwater industries’ infrastructure such as offshore installations, pipelines, and cables, many countries, especially in Europe, have been upping their security ante to prevent further attacks.
