Hibiscus Oil And Gas Malaysia
Malaysian oil and gas exploration and production company hibiscus petroleum is aiming to double its oil output in the united kingdom and malaysia to 20 000 barrels per day bpd by 2021 a senior company executive said on thursday.
Hibiscus oil and gas malaysia. The company was incorporated as a private limited company hibiscus petroleum sdn bhd on 5 december 2007 under the companies act 1965. On 20 december 2010 it assumed its current name upon conversion into a public company. Hibiscus which owns offshore oil fields in malaysia australia and the uk north sea sees opportunity in assets that have lost some value due to the current oil market downturn as well as in the fact that large players are assessing their portfolios with a view to potentially divest.
2020 by hibiscus petroleum berhad. Hibiscus petroleum berhad hibiscus petroleum or the company is malaysia s first listed independent oil and gas exploration and production company.