Rejuvenating northern Borneo

摘要

The fortunes of northern Borneo, one of the world’s earliest commercial oil provinces, arenbeing rejuvenated as deepwater oil discoveries in the South China Sea come on-stream.nFaced with declining output from more mature areas, Malaysia’s state oil companynPetronas hopes that by 2015-2020 this deepwater frontier will add up to 300,000 b/d ofncrude and 1 Bcfd of gas to national output.