While the oil and gas environment continues to be challenging and Petroliam Nasional Bhd (Petronas) will continue to be mindful of being cost efficient, it looks like 2019 might actually be a more vibrant year for the upstream oil and gas segment.
Firstly, Petronas CEO Tan Sri Wan Zulkiflee Wan Ariffin expects capital expenditure (capex) to increase to above RM50bil in 2019 from RM46.8bil last year.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
