Deepwater drilling is typically defined as operating in water depths exceeding 450 feet. To date, 116 Deepwater wells have been drilled thus far in Malaysia. At present, there are more than 6 BBOE (billion barrel of oil equivalent) waiting to be discovered in deepwater Malaysia, with the highest yet-to-find in Sabah, followed by Sarawak. This indicated that there are more opportunities in deepwater to be unlocked.