PUTRAJAYA, Jan 16 – Prime Minister Datuk Seri Najib Tun Razak today witnessed the signing ceremony of the world’s biggest offshore enhanced oil recovery (EOR) project totalling US$12 billion over 30 years between Petronas and Shell Malaysia.
Under the production-sharing contract for two EOR offshore projects in Sarawak and Sabah, the oil companies will develop nine oilfields in the Baram Delta and four oilfields in theNorth Sabahdevelopment area using EOR or other appropriate related technologies.
DISIARKAN PADA UMNO ONLINE @ DISIARKAN PADA 17 JANUARI 2012
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