April 7, 2012

Petra Energy and Baker Hughes Sign MOU

Integrated oil and gas brown field services provider, Petra Energy Bhd, and high performance drillng services firm, Baker Hughes (M) Sdn Bhd, have entered into a memorandum of understanding (MoU) to undertake oil and gas projects in Malaysia.

Under the terms of the MoU, both companies will co-operate to provide capability development services, including deploying their respective expertise and knowledge, for oil and gas project operators in Malaysia, Petra Energy said in a statement yesterday.

The statement said that Petra Energy’s local capability would be further enhanced with the range of the best in class technology of Baker Hughes and reputable global subsurface capability of Reservoir Development Services, a product line within Baker Hughes.

- Reported by Bernama News (04/04/12)

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