Malaysia's offshore sector is forecast to see the largest capital expenditure (capex) increase in the region of more than US $59 Bn over the next five years, ahead of even China and India, according to a new report. The Regional Perspectives Offshore Asia Oil & Gas Market Report to 2015, commissioned by OTC, predicts that deepwater developments in Malaysia will continue to gather pace, with 84 fixed platform units and eight floating production units to be installed between 2011 and 2015.
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