Dec 13, 2010

Malaysia, Brunei ink 'significant' joint oil exploration deal



Malaysia and Brunei Darussalam took their political and diplomatic ties to a new level by signing an agreement between the national oil company of the two countries to jointly develop offshore block CA2 off Borneo.
According to the New Strait Times, Malaysian Prime Minister Najib Tun Razak and Brunei’s Sultan Hassanal Bolki ah were present during signing of the Production Sharing Agreement (PSA) between Petronas and Petroleum Brunei.
[Read more]
Source: Sify News

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