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 necessary details, will be lodged at a later date. Brunei Bay Unlike the maritime boundaries in the South China Sea, news regarding the effects of the 2009 Exchange of Letters on the maritime boundary between the two countries in Brunei Bay has been virtually non-existent. To date, the only news regarding efforts to determine the boundary in Brunei Bay came after the 18th Annual Leaders’ Consultation between Malaysia and Brunei on 3 November 2014. The joint statement issued after the consultation stated that a Standard Operating Procedure for the joint hydrographic survey for the maritime boundary from the Pandaruan River