Malaysia’s Petronas denies in deal for Iran field

Reuters: Malaysian state oil firm Petronas denied on Friday it has signed a deal with the Iranian Offshore Oil Co to develop the country's Resalat Field in the Persian Gulf.

KUALA LUMPUR, May 30 (Reuters) – Malaysian state oil firm Petronas denied on Friday it has signed a deal with the Iranian Offshore Oil Co to develop the country's Resalat Field in the Persian Gulf.

A report by an energy publication had said Petronas was due to finalise the contract and start the project immediately.

(Reporting by Liau Y-Sing)