Scandinavian Oil-Gas Magazine

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Octanex awarded a RSC for the Ophir Field offshore Malaysia

Octanex N.L. is pleased to announce that following a bid submission in August 2013, it has, together with its joint venture partners, been

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Octanex N.L

Octanex N.L. is pleased to announce that following a bid submission in August 2013, it has, together with its joint venture partners, been awarded a Risk Service Contract in respect of the Ophir Field by Petroliam Nasional Berhad (PETRONAS).

PETRONAS introduced the Risk Service Contract (RSC) in 2011 as a new petroleum arrangement designed with the objective of intensifying upstream Malaysian oil and gas activities and developing smaller, stranded oil and gas resources.

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