PETALING JAYA: US oil major ConocoPhillips has confirmed it will not proceed with the RM13.7bil Salam-Patawali deepwater oil and gas project, also known as WL4-00, off the coast of Sarawak.
“ConocoPhillips has elected not to progress development of the WL4-00 project based solely on prioritisation within the company’s global portfolio,” it said in a statement.
