Splash 24717 Jul 2026Macro
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Malaysian oil company Petronas Carigali has negotiated an extension for the Ratu Nusantara FPSO, operating on its Bukit Tua oilfield offshore Indonesia, for another decade. The floating production vessel, which will stay off Indonesia until 2036, will generate long-term revenue for Malaysia’s state of Sabah through Sabah International Petroleum (SIP) and its subsidiary, PT M3 …