Petronas moves to appraise major oil find off Malaysia

AI Summary

Petronas is preparing to drill the Megah-2 appraisal well offshore Sabah to assess the Megah oil discovery in Deepwater Block 3K. The find is estimated at 200–300 million barrels and is among Malaysia’s largest discoveries in roughly two decades.

Malaysia’s Petronas is preparing to drill the Megah-2 appraisal well offshore Sabah, with Seadrill’s drillship West Capella reportedly lined up for the campaign. The well will appraise the Megah discovery in Deepwater Block 3K, one of Malaysia’s largest oil discoveries in around two decades. Estimates have put the discovery at around 200m to 300m barrels, …