KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) will intensify its deepwater exploration activity following the signing of new production sharing contracts (PSCs) as well as the extension of existing PSCs.
Vice-president (exploration and production business) Abdullah Karim said Petronas planned to drill 10 deepwater wells this year, up from nine last year.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!