Sabah, Sarawak among 9 blocks under MBR 2026
KUALA LUMPUR (Feb 11): Petroliam Nasional Bhd (Petronas) via the Malaysia Petroleum Management (MPM) has launched the Malaysia Bid Round 2026 (MBR 2026) under the theme “Advantaged Energy: Accelerating and Shaping Tomorrow” aimed at strengthening Malaysia’s position as a premium investment destination. Petronas in a statement yesterday said this year’s MBR introduces nine exploration blocks across Malaysia to present a “balanced mix of opportunities.” The offering includes a high-impact frontier block in the Sandakan Basin, high-potential blocks in the emerging West Sarawak Basin, and near-field blocks in the mature Malay Basin featuring new play ideas. MBR 2026 also features six […]