Malaysia extends MH370 wreckage search for another year until June 2027

Malaysia has extended its agreement with underwater exploration firm Ocean Infinity for another 12 months to continue the search for the wreckage of Malaysia Airlines Flight MH370 in the southern Indian Ocean.

Transport Minister Anthony Loke Siew Fook announced on Monday, June 29, 2026, that the cabinet approved the extension last Friday. The renewed agreement runs from July 1, 2026, to June 30, 2027, and retains the core terms of the original deal, including the 'no find, no fee' arrangement.

"This extension maintains all the main terms and conditions of the existing agreement, including the application of the 'no find, no fee' principle. Under this agreement, the government will not make any payment to Ocean Infinity if the aircraft wreckage is not found," Loke stated, as reported by Antara.

However, if Ocean Infinity successfully locates the wreckage, Malaysia has agreed to pay the US-based company $70 million. This extension will allow the firm to complete its search in the remaining search area of 7,428.54 square kilometers.

The disappearance of MH370 on March 8, 2014, remains one of aviation's greatest mysteries. The Boeing 777 aircraft was en route from Kuala Lumpur to Beijing with 239 people on board when it vanished from radar screens.

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This extension maintains all the main terms and conditions of the existing agreement, including the application of the 'no find, no fee' principle. Under this agreement, the government will not make any payment to Ocean Infinity if the aircraft wreckage is not found.