Published: Friday June 22, 2012 MYT 1:36:00 PM
Dialog, Halliburton to tap mature oil field projects in Malaysia
Dialog said on Friday its unit Dialog D & P Sdn Bhd had signed an MoU with HESSB to cooperate in seeking contracts and opportunities in these oil fields.
"This strategic alliance with HESSB is in line with Dialog's strategy to continue to develop its upstream capabilities in the O&G activities which include the rejuvenation and re-development of mature oil fields and the development of marginal fields that will create a robust platform for generating long term sustainable revenue from incremental oil and gas production," it said.
Dialog said the increased upstream activities would enable it to take part in the value chain in the field development cycle, particularly in providing engineering and operations services.