IPC Malaysia BV’s Acquisition of Interests in Bertam PSC

Skrine acted as lead counsel for IPC Malaysia BV.

PETRONAS Carigali announced its withdrawal from the Bertam Production Sharing Contract and the acquisition by IPC Malaysia of Carigali’s participating interest in the Bertam PSC, a historic transaction that represents the first ever withdrawal from an ongoing PSC by Carigali and the first time a foreign operator has secured a 100% participating interest in a Malaysian PSC.

The Skrine team was led by Partner Fariz Abdul Aziz (Picture) and supported by Senior Associates Karyn Khor and Tan Wei Xian. 

Involved fees earner: Fariz Abdul Aziz – Skrine; Karyn Khor – Skrine; Tan Wei Xian – Skrine;

Law Firms: Skrine;

Clients: IPC Malaysia BV ;

Author: Sonia Carcano