Fuelling growth: Petronas sets sights on two million barrels a day by 2027

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KUALA LUMPUR, Feb 1 — Malaysian state-owned energy firm Petroliam Nasional Berhad will look to boost the country’s oil a...

Petronas forecasts more than 400 wells to be drilled, and expects 39 upstream projects to be executed over the next three years, including the construction of three offshore central processing platforms, three onshore facilities, and fabrication and installation of about 900 kms of pipelines.

For the next two years, about 15 exploration wells are forecast to be drilled each year, focusing on shallow-water wells and deepwater wells, according to the report.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Petronas Oil and gas Outlook

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-01 @ 08:25:06 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 214 words

Reading Time: 2 minutes read

Sentences: 9 lines

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Copyright Owner: © Malay Mail

News ID: 25684333

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