The Oil & Gas Division, spearheaded by 95%-owned subsidiary Genting Oil & Gas Limited, undertakes the exploration for and production of oil and gas. It has operations and offices in China, Indonesia and Morocco.
Genting Oil & Gas Sdn Bhd provides management and technical services to the Division. In China, the Division operates and produces oil from an onshore oilfield under a Petroleum Contract with Sinopec. In Indonesia, the Division has interests in four Production Sharing Contracts, which have been signed with BPMIGAS (Indonesia’s oil and gas supervisory body), and the Division operates three of these contracts, which are all in the exploration phase. While in Morocco the Division operates the Ras Juby Offshore Exploration Permit.
http://www.genting.com/business/oil_gas.htm
Add to My Watchlist
What is My Watchlist?