 On May 22, oil and gas OG company Uzma Bhd announced that it had received the requisite approval from national oil company Petroliam Nasional Bhd Petronas on the same day to announce that the Tanjong Baram small field risk service contract dated March 27, 2014 between Petronas and Uzma Energy Ventures Sarawak Sdn Bhd, a wholly-owned subsidiary of Uzma, and EnQuest Petroleum Developments Malaysia Sdn Bhd had been terminated with effect from March 3, 2020. To recap, EnQuest has 70 of the equity interest in the joint venture while Uzma has the remaining 30. 