Santos Ltd and its Japanese and Malaysian partners hit oil in an exploration well in deep water off Sabah in east Malaysia, and are planning to drill further to evaluate the find, the Australian company said today. “A significant oil discovery has recently been made at the Bestari-1 exploration well …
Read More »KiniBiz | Frontier and deepwater exploration in Asia will be among high-cost ene…
KiniBiz | Frontier and deepwater exploration in Asia will be among high-cost energy projects most at risk from an oil price slump that has knocked 25% off the top of global crude prices. Asian companies embarked on a raft of new projects, including marginal fields, as oil prices held above US$ 100 ( …
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