PETALING JAYA: PETRONAS Carigali Sdn Bhd (PCSB) has entered into a heads of agreement with JX Nippon Oil & Gas Exploration Corp (JX Nippon) to jointly monetise the gas potential within the Bujang, Inas, Guling, Sepat and Tujoh (BIGST) fields, located offshore Kerteh in Terengganu.
In a statement yesterday, PCSB said the BIGST opportunity was offered as part of Malaysia Bid Round or MBR 2020, where it had received several proposals from interested parties.
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