Vestigo gets Tembikai RSC


KUALA LUMPUR: Vestigo Petroleum Sdn Bhd, a unit of Petroliam Nasional Bhd (Petronas) set up last year to develop marginal oilfields, aims to produce some 30,000 to 50,000 barrels of oil equivalent (boe) per day within the next three years, according to Petronas Carigali Sdn Bhd president Datuk Mohd Anuar Taib.

He also disclosed that Vestigo had secured its maiden risk service contract (RSC) to develop oil in the Tembikai field, offshore Terengganu, confirming a report by StarBiz earlier this week.

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