Petroliam Nasional Berhad (Petronas) has awarded Petronas Carigali Sdn Bhd (PCSB), Sarawak Shell Berhad (SSB), and Petroleum Sarawak Exploration and Production Sdn Bhd (PSEP) the rights to Block SK437 offshore Sarawak, Malaysia. Block SK437, with a surface area of 2015 km square and water depths of up to 50 metres, is located to the southwest of the Central Luconia region.

With an 85 per cent participating stake in Block SK437 PSC, SSB will be the major operator, with PCSB and PSEP each having a 7.5 per cent stake in the field. During the exploration phase, both PCSB and PSEP’s interests will be carried.