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Malaysia: PTTEP discovers high-quality gas in Block SK417 offshore Malaysia

- PTTEP achieves first gas from Block H

PTTEP achieves first gas from Block H offshore Malaysia édité le 16/02/2021 - Plus de news de PTTEP - Voir la fiche entreprise de PTTEP PTT Exploration and Production Public Company Limited (PTTEP), announced the start-up of natural gas production from Rotan and Buluh deepwater fields of Block H Production Sharing Contract (“PSC”) off the coast of Sabah, offshore Malaysia. These fields are located in water depth of greater than 1100 meters. The project will increase domestic energy supply and add sales volume for PTTEP as planned. Mr. Phongsthorn Thavisin, PTTEP Chief Executive Officer, said PTTEP Sabah Oil Limited, a subsidiary of PTTEP, had completed the first phase of the Block H Project development and commenced natural gas production from the Rotan and Buluh fields for delivery to PETRONAS Floating Liquefied Natural Gas 2 (PFLNG2) facility on February 6, 2021. The project targets production capacity at 270 million standard cubic feet per day (MMSCFD).

- First Deep Water Gas Production From

First Deep Water Gas Production From Block H Offshore Malaysia Augments Malaysia s Investment Potential édité le 16/02/2021 - Plus de news de Petronas - Voir la fiche entreprise de Petronas PETRONAS confirms first gas production from the Rotan and Buluh fields in Block H, off the coast of Sabah, offshore Malaysia, on 6 February 2021, augmenting Malaysia’s petroleum investment potential. PTTEP Sabah Oil Limited, a subsidiary of PTT Exploration and Production Public Company Limited (PTTEP) is the operator for Block H, partnering with PT Pertamina Malaysia Eksplorasi Produksi and PETRONAS Carigali Sdn Bhd, a subsidiary of PETRONAS. Producing from a water depth of more than 1,100 metres, this project marks another significant milestone in Malaysia’s upstream sector as it is the first deepwater gas field with a target production capacity of 270 million standard cubic feet per day (MMSCFD). The gas is received by PETRONAS’ second Floating Liquefied Natural Gas (FLNG), PFLNG D

Rising Oil Price Forecasts and More

Here are some of Rigzone s top upstream stories during the last week, just in case you missed them. Here are some of Rigzone s top upstream stories during the last week, just in case you missed them… EIA Raises Oil Price Forecasts The U.S. Energy Information Administration (EIA) raised its Brent and West Texas Intermediate (WTI) oil price forecasts for this year and next year, its latest short term energy outlook report revealed. Read full article here How Many US GOM Jobs Could Go Under Biden? According to the National Ocean Industries Association’s latest projections, which were prepared by Energy & Industrial Advisory Partners, if U.S. President Joe Biden’s pause on new oil and natural gas leases in offshore waters becomes permanent, the effect on the U.S. Gulf of Mexico workforce would be considerable.

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