Malaysian operator Hibiscus Petroleum is moving into the next phase of a water flood oil production enhancement programme at its South Furious 30 (SF30) field within its offshore North Sabah block.

The company has invited bids for the front-end engineering and design contract covering the SF30 water flood, said Kuala Lumpur-based sources.

A host of companies are likely to have pre-qualified for the FEED tender, but it could not be confirmed which ones would submit bids, added sources.

The operator already completed last year a phase one water flood effort at the SF30 field which cost 54 million ringgit.