PETRONAS Upbeat On Malaysia’s Oil And Gas Industry With Advent Of New Technologies


Dateline 2013-06-05 from Bernama:

PETRONAS is optimistic on Malaysia’s oil and gas industry with the emergence of new technologies that facilitate greater oil and gas field explorations.

Chairman Tan Sri Mohd Sidek Hassan said industry players in the region were investing billions of ringgit to develop new technologies.

“There are more deepwater reserves discoveries (of late) as new technologies have aided previously uneconomical reserves to be revisited,” he told reporters at the opening of The 14th Asian Oil, Gas and Petrochemical Engineering Exhibition (OGA 2013) here today.

Leave a comment