#Malaysia
Pertamina-Petronas sign farm-out agreement for Bobara deepwater block in West Papua
State energy company PT Pertamina Hulu Energi (PHE), through its affiliate PT Pertamina Hulu Energi Bobara, and Petroliam Nasional Berhad (Petronas), through its subsidiary PETRONAS E&P Bobara Sdn. Bhd., have signed a Farm-Out Agreement (FOA) for the Bobara Production Sharing Contract (PSC), located in the ultra-deepwater region off West Papua, Eastern Indonesia.
Indonesia and Malaysia agree on joint development of disputed Ambalat Block
Indonesia and Malaysia have reached a mutual agreement to pursue a joint development approach to address longstanding border disputes, including the contentious Ambalat Block, a commitment made during a bilateral meeting between President Prabowo Subianto and Malaysian Prime Minister Anwar Ibrahim at the Presidential Palace in Jakarta on Friday, June 27, 2025.