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Trade & Logistics
7 October 2026
Petronas moves to appraise major oil find off Malaysia
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, …
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