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  • Petronas : New Oil and Gas Discovery at Offshore Block SK405B
    édité le 30/03/2021 - Plus de news de "Petronas" - Voir la fiche entreprise de "Petronas"


Petronas : New Oil and Gas Discovery at Offshore Block SK405B
PETRONAS announced a new oil and gas discovery in the Sirung-1 wildcat exploration well of Block SK405B Production Sharing Contract (PSC), located in the shallow waters of Balingian Province, about 237 kilometres off the coast of Miri, Sarawak, Malaysia.

The Sirung-1 exploration well was successfully drilled to a total depth of 2,538 metres in February 2021. The discovery of significant oil and gas column – exceeding 100 metres within the Oligocene to Middle Miocene sandstone reservoirs – further validates the potential of Balingian Province, with remaining prospects yet to be explored.

PTTEP Sarawak Oil Limited as the operator holds 59.5 per cent, MOECO Oil (Sarawak) Sdn Bhd holds 25.5 per cent and PETRONAS Carigali Sdn Bhd, a subsidiary of PETRONAS, holds the remaining 15 per cent participating interest in Block SK405B. The PSC was signed in November 2017 as a result of the Malaysia Bid Round (MBR) 2015.

PETRONAS Vice President of Exploration, Upstream, Emeliana Rice-Oxley said: “The Sirung-1 discovery further proves the presence of oil, especially in the under-explored deeper play within the Balingian Province. This came after similar success in an infill well at D18 Field. We are well-positioned to pursue a similar play in the other two neighbouring blocks in the same province, namely Blocks SK411 and SK306. As such, developing this block and other surrounding areas remains an integral part of PETRONAS and our partners’ long-term growth plans.

“We are very encouraged by the continued success with our partners on the consecutive discoveries this year in Malaysia and remain optimistic in our exploration activities for 2021,” she added.

For MBR 2021, PETRONAS is offering 13 new opportunities in the prolific basins of Malaysia which are also accompanied by enhanced fiscal and non-fiscal terms. This initiative is part of PETRONAS’ continuous efforts to grow with its partners in Malaysia.

About Petronas

Established in 1974, Petroliam Nasional Berhad (PETRONAS) is a global energy and solutions company, ranked amongst the largest corporations on Fortune Global 500®️. As an integrated global LNG producer with over 37 years of experience, PETRONAS provides an uninterrupted supply of LNG to more than 25 countries around the world. PETRONAS has safely delivered more than 11,000 cargoes globally, sourced from its portfolio of facilities located in Malaysia, Australia and Egypt. PETRONAS is also the first global energy player to introduce the floating LNG concept in 2016, the PFLNG SATU, and introduced its deep-water FLNG, the PFLNG DUA, in 2021.


Origine : Communiqué Petronas

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