Malaysia's Petronas buys 10% stake in Oman's Al Khazzan field

Malaysia's Petronas buys 10% stake in Oman's Al Khazzan field

A logo of a Petronas fuel station is seen against a darkening sky in Kuala Lumpur, Malaysia. Picture taken February 10, 2016. REUTERS/Olivia Harris

Malaysia’s Petroliam Nasional Berhad (Petronas) said on Sunday its subsidiary would buy a 10 percent stake in Oman’s Al Khazzan gas field, following a bidding exercise held by the exploration arm of state-owned Oman Oil Company.

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