THERE was a time when redeveloping marginal oil fields was a “hot” topic among local oil and gas services players.
Some of these companies’ aspirations to move upstream, however, are shattered as Petrolaim Nasional Bhd (Petronas) has reiterated that it would not dish out any more new risk sharing contracts (RSC) at below US$80 per barrel.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
