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Malaysia: PETRONAS Floating LNG DUA marks its commissioning with the production of first LNG

Malaysia: PETRONAS Floating LNG DUA marks its commissioning with the production of first LNG 15 Feb 2021 PETRONAS marked yet another significant milestone for its second Floating Liquefied Natural Gas (FLNG) facility, PFLNG DUA, with the achievement of its First Drop of LNG production recently. This historic event signifies the ability of PFLNG DUA topside facility to produce on spec LNG product, which further validates the technology concept of floating LNG solutions for deepwater gas fields. The Company’s first deep water FLNG facility is currently located at the Rotan gas field, 140km off Kota Kinabalu, Sabah. In collaboration with its upstream Production Sharing Contract partner, PTT Exploration and Production, it has successfully completed the subsea commissioning phase and achieved its First Gas on 6 February 2021. 

PETRONAS PFLNG DUA marks commissioning with first LNG production

PETRONAS has celebrated a significant milestone for its second FLNG facility PFLNG DUA which recently produced its first LNG

Cut oil production cost to survive, NNPC tells operators

Punch Newspapers Sections ’Femi Asu the Nigerian National Petroleum Corporation has urged operators in the nation’s oil and gas industry to cut the cost of production in order to survive in the face of the global energy transition. The NNPC called on stakeholders in the industry to join in working towards reducing operations cost to achieve the $10 or less per barrel production cost target. The Group Managing Director of NNPC, Mallam Mele Kyari, made the call on Tuesday at the launch of the Nigerian Upstream Cost Optimisation Programme in Abuja. Speaking at the event, the NNPC boss said the current reality dictated by the global energy transition and demand erosion occasioned by the COVID-19 pandemic has made cost optimisation imperative.

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