PETRONAS Refutes Claims By The New Straits Times That It “Deactivated 14 Oil Rigs” & Has “Shut Down” 14 Projects Amid Low Oil Prices

KUALA LUMPUR, April 27 (Bernama) — PETRONAS refutes the allegations in news reports published in the New Straits Times dated 24 April 2020, regarding the deactivation of 14 PETRONAS oil rigs as reported in its print version, and the shutting down of 14 projects as reported in its electronic version. 

PETRONAS would like to clarify that the Company has not shut down any of its rigs, offshore Malaysia, other than those concluding their drilling campaigns or are under temporary suspensions due to the current COVID-19 pandemic. As at the date of this Release, 18 rigs are in operation within Malaysia waters. 

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