PETRONAS-SHELL MALAYSIA JOINT VENTURE MAKES FIFTH SUCCESSIVE DISCOVERY

CS Mutiara Petroleum Sdn Bhd, a 50:50 joint venture company between PETRONAS Carigali Sdn Bhd and Shell Exploration and Production Malaysia B.V., has made another gas discovery in Block PM301, off the northeast coast of Peninsular Malaysia. The Bunga Kesumba-1 well, located in a water depth of 55 metres, was spudded on 28 May 2005. […]