Malaysian energy giant Petronas has pulled the plug — at least for time being — on a standalone development of its deep-water Limbayong field development offshore Sabah, East Malaysia just weeks after launching its latest market exercise to evaluate potential floating production, storage and offloading vessels for the project.
Petronas axes standalone option for deep-water Sabah project… for now
Malaysian energy giant goes back to the drawing board as FPSO solution too costly
15 March 2023 4:22 GMT
Updated
16 March 2023 15:06 GMT
By
in
Singapore and New Delhi