PETRONAS Carigali discovers oil at Block SK306, off Sarawak coast


KUALA LUMPUR: PETRONAS Carigali Sdn Bhd has discovered oil and gas and the Nahara-1 well in Block SK306 in the shallow water of Balingian Province about 150km from Bintulu, off the coast of Sarawak.

"The Nahara-1 well was successfully drilled to a total depth of 2,468m and encountered hydrocarbon in the Late Oligocene to Middle Miocene aged sedimentary sequences.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

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

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read