Brunei–Malaysia border Malaysia-Brunei Leaders’ Consultation held in Bandar Seri Begawan. Both PETRONAS Carigali Brunei Ltd and Shell Deepwater Borneo Ltd have 50:50 equity interests in their respective blocks, where PETRONAS Carigali Brunei is the operator of Block N while Shell Deepwater Brunei operates Block Q. At the same event, PETRONAS signed a Head of Agreement with National Unitisation Secretariat of Brunei Darussalam towards formalising a unitisation arrangement for Malaysia’s Kinabalu West NAG field and Brunei’s Maharajalela North Panel field, with negotiations tasked to a Brunei Darussalam and PETRONAS Unitisation Joint Working Group. The HOA will pave the way for the resolution of
Brunei–Malaysia border portion of the South China Sea that is subject to multiple overlapping claims by China, Taiwan and Vietnam. Malaysia is also a claimant in the area but a bilateral agreement with Brunei has solved the overlapping claims over Brunei's territorial waters. From west to east, the Brunei–Malaysia border begins where the watershed of the Baram and Belait river basins meet the South China Sea at a point six nautical miles (11 km) east of Tanjung Baram with coordinates . It then travels along the watershed of the two river basins for about 30 km to the Pagalayan Canal. It then