Petronas presses on with Bokor tender but uncertainty prevails
Under-US$40 oil prices pose challenges to the project's economics
Singapore
THE upstream subsidiary of Malaysia's state-owned Petronas has pressed on with a tender for an anchor production facility of the delayed Bokor phase 3 field development, even as oil prices slipping under US$40 before the year-end continues to pose challenges to the project's economics.
Bokor phase 3, initially envisaged to boast a central processing platform and seve…
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