Oil found offshore Sabah at Limbayong-2 well, says Petronas


KUALA LUMPUR: Oil has been discovered offshore Sabah at the Limbayong-2 well with 136 metres of oil bearing sands.

Petroliam Nasional (Petronas) and Shell Malaysia said on Monday the discovery was made during the appraisal of the Limbayong gas field by Shell.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Stocks slide on flare-up of hostilities
Bursa Malaysia sees slight rebound as downside risks intensify
Trade policy concerns temper US$ strength, lifting ringgit
Trading ideas: Chin Hin, Citaglobal, ES Sunlogy, Malton, MCE, Orkim, Pan Merchant, Perdana, Ramssol, RHB, Vantris, Willowglen, BCorp, Dnex, PPB, SRKK
Kelington expands collaboration with PETRONAS CCS Solutions
IOI profitability set to improve
Bus Cap rises on ACE Market debut
Perdana Petroleum bags RM136mil jobs
Willowglen wins RM47mil contracts in Singapore
Matrix Concepts unveils scholarship programme

Others Also Read