ExxonMobil to boost Tapis field production in Malaysia

ExxonMobil Corp. said its enhanced oil recovery project at Malaysia's Tapis field will start in 2013, with an estimated gross investment of more than $1 billion, according to a senior company executive."This latest contract includes commitments to implement an enhanced oil recovery project at the Tapis field and will be the first ever large-scale project of its kind in Malaysia," said ExxonMobil senior vice-president Andrew Swiger."The Tapis project represents yet another major step forward to develop Malaysia's full energy potential," Swiger told the Asia Oil & Gas Conference.Tapis field is one of seven mature offshore fields that ExxonMobil (78%) and state-owned ...

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