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World’s biggest offshore oil project sealed

January 16th, 2012 Top News

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Prime Minister Datuk Seri Najib Razak looks on as Chief Executive Officer Royal Ducth Shell plc, Peter Voser (second from left) shake hands with President and Chief Executive Officer Petronas, Datuk Shamsul Azhar Abbas after witnessing the signing ceremony of the world’s biggest offshore oil project in Putrajaya. NST Pix by Fariz Iswadi Ismail.

Under the production-sharing contract for two EOR offshore projects in Sarawak and Sabah, the oil companies will develop nine oilfields in the Baram Delta and four oilfields in the North Sabah development area using EOR or other appropriate related technologies. – Bernama

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