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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Soft start on Bursa following Fed comments
Trading ideas: Duopharma, Bursa Malaysia, SEGi, Capital A, Rimbunan Sawit, Tasco, Atrium REIT, KSL, GUH, Mentiga and F&N
Domestic demand to galvanise GDP in 2Q
Recto pegs 1Q GDP growth at below 6%
Versa introduces enticing rewards for users
Singapore presence likely to buoy IOIProp
S’pore manufacturing, services firms upbeat about next two quarters
India’s mines and generators easily meet record power demand
China makes solar affordable worldwide
China eyes closer economic links with Gulf countries

Others Also Read