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Dialog Group Bhd Signs 14-Year Production Sharing Contract (PSC) with Petroliam Nasional Bhd (Petronas) for RAJA Cluster Small Field Asset (RAJA SFA)

Dec 06, 2024

Contract Type

contract

Petaling JayaManufacturingEnergyOil And GasConstruction

Description

Dialog Group Bhd has signed a 14-year Production Sharing Contract (PSC) with Petroliam Nasional Bhd (Petronas) for the RAJA Cluster Small Field Asset (RAJA SFA). The contract aims to strengthen Dialog's upstream capabilities and expand its oil and gas (O&G) portfolio. The RAJA Cluster, located off the East Coast of Peninsular Malaysia, includes the Rhu, Ara, and Janglau O&G fields and has recoverable reserves estimated at 290 million barrels of oil equivalent, with the RAJA SFA potentially holding 1%-5% of this volume. The contract encompasses a two-year pre-development phase aimed at finalising the field development plan, followed by a two-year development phase with commercial production expected by its conclusion.

Company Information

Company

Dialog Group Bhd

Location

Petaling Jaya, Selangor, Malaysia

About

Dialog Group Bhd is a company in the oil, gas, and petrochemical industries with a focus on design consultancy, construction, fabrication, maintenance, and specialized services.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.