Kuala Lumpur: PETRONAS, through Malaysia Petroleum Management (MPM), awarded a Small Field Asset Production Sharing Contract (SFA PSC) for the Mutiara Cluster, off the coast of Sabah, offered under the Malaysia Bid Round 2025 (MBR 2025) launched earlier this year.

According to BERNAMA News Agency, the SFA PSC, which covers a sub-block area located within the Sandakan Basin, was awarded to Dialog Resources Sdn Bhd (Dialog) as the sole operator with one hundred percent (100%) participating interest in the block. The Mutiara Cluster comprises five fields, namely Nymphe, Nymphe North, Kuda Terbang, Benrinnes, and Mutiara Hitam.