KUALA LUMPUR: Dagang Nexchange Bhd
(Dnex)’s near-term priority is the reactivation of the brown field, Abu Cluster, targeting first oil production in the second half of 2025, at an anticipated rate of 2,500 barrels per day.
This is following a further revision to the UK Energy Profits Levy policy, which have led Dnex via its oil and gas subsidiary, Ping Petroleum Ltd , to prioritise its Malaysian assets in the near term.
