MBR 2025 - Third DRO award

(Originally posted on February 10, 2026)

Yesterday, we saw the third DRO award from the Malaysian bid round (MBR) 2025, with the Permata Cluster DRO awarded to Bridge Petroleum (100% + operator). The award was announced on the eve of PETRONAS' MBR 2026 launch event in KL and follows the award of the Mutiara Cluster DRO awarded to DIALOG (100% + operator) and the the Temaris Cluster DRO awarded to Seascape Asia (10)% + operator), both announced in June 2025.