(from left to right): ExxonMobil Exploration and Production Malaysia Inc chairman and president Hunter Farris and Petronas president and group chief executive officer Tan Sri Shamsul Azhar Abbas at the Tapis R topsides.
PETALING JAYA: Fourteen oil fields in Malaysia, identified under the enhanced oil recovery (EOR) initiative, are targeted to produce between 750 million and one billion barrels of oil for the duration of fields’ economic life, depending on the condition of the fields and when these projects start up.
In efforts to tackle dwindling oil reserves in the country, the national oil company identified these oil fields to implement EOR progressively in the future – the first being the Tapis field.
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