Dayang considers going into development of marginal oilfields


Dateline 2012-06-09:

Dayang Enterprise Holdings Bhd, a service provider to the oil and gas industry, may venture into marginal oilfield development if the prospects are good.

Managing director Tengku Datuk Yusof Tengku Ahmad Shahruddin said the company would carry out thorough evaluations and seek guidance before deciding whether to participate in risk service contracts (RSC) for the development of marginal oilfields.

“We are currently not embarking on any study yet for marginal oilfields,” he told StarBizWeek.

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