EnQuest signs production sharing contract for Cendramas block offshore Malaysia

Type: Partnership · Technology: Oil Gas · Country: Malaysia · Announced: 2026-04-02

EnQuest has signed a production sharing contract (PSC) for the Cendramas block offshore Malaysia, marking its entry into Southeast Asia. The agreement, awarded by Petronas through Malaysia Petroleum Management, will see EnQuest hold a 25% participating interest via its affiliate EnQuest Petroleum Production Malaysia. Medco Asia Pacific will operate the block with a 50% stake, while DIALOG Resources will hold the remaining 25% interest. The participating interests will take effect from September 23, 2026, under the terms of the joint operating agreement and PSC, expanding EnQuest’s geographic footprint beyond its existing core regions.

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