Abu Dhabi-owned Mubadala Petroleum is expected to take a final investment decision within weeks on the development of its large Pegaga gas field off Malaysia, paving the way for award of the key engineering, procurement, construction, installation and commissioning contract for the central processing platform.
Sources said the FID is now on the cards during the first quarter, which represents only a small slip from the end-2017 timeframe for which Mubadala chief executive Barkheet Al Katheeri had earlier been hoping.
