Page 8 - AsianOil Week 08 2021

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PTTEP strikes gas offshore Malaysia

PROJECTS & THAILAND’S state-owned PTT Exploration shared geological similarities, while also
COMPANIES and Production (PTTEP) has struck natural gas offering his company the chance to syner-
off the coast of Malaysia’s Sarawak State. gise future development and production
The developer said on February 24 that its of SK417 with the adjacent areas. This
wholly owned subsidiary PTTEP HK Offshore would, he said, “leverage on our strong
had made the discovery via its first exploration expertise in cluster development”.
well, Dokong-1, in the shallow-water Block The announcement of PTTEP’s success at
SK417. The well was spudded in November 2020 Block SK417 comes after the company revealed
and was drilled to a total depth of 3,810 metres, earlier this month that the completion of
encountering more than 80 metres of gas col- the Lang Lebah-2 appraisal well in SK410B
umn. A second exploration well will be drilled had delivered the company’s largest ever gas
in the middle of this year. discovery.
PTTEP HKO operates the block, which is PTTEP said on February 16 that Lang
located around 90 km off the coast, with an 80% Lebah-2 had been completed in mid-January
stake and Malaysia’s state-owned Petronas Cari- 2021 after reached a total depth of 4,320 metres.
gali owns the rest. The well encountered more than 600 metres of
PTTEP CEO Phongsthorn Thavisin said: net gas pay and flowed at a rate of 50mn cubic
“The finding of potential high-quality gas at feet (1.42mn cubic metres) per day, encouraging
Dokong-1 exploration well is PTTEP’s latest the company to accelerate the project’s develop-
achievement in Malaysia following first gas pro- ment plan.
duction from Block H and a major gas discovery PTTEP HKO also operates SK410B, which is
at SK410B’s Lang Lebah field.” located 90 km offshore Sarawak, with a 42.5%
He added that the well paved the way interest, while KUFPEC Malaysia and Petronas
for exploration of nearby prospects that Carigali own 42.5% and 15% respectively.™

Petronas picks TechnipFMC

for deepwater work

PROJECTS & MALAYSIA’S state-owned Petronas has TechnipFMC did not put an exact value to
COMPANIES awarded a subsea services contract for its Lim- the contract, but noted that it considered con-
bayong deepwater development to TechnipFMC tracts worth between $250mn and $500mn as
subsidiary FMC Wellhead Equipment. substantial.
TechnipFMC said on February 22 that Petro- The contract covers the development of 10
nas Carigali, an upstream unit of Petronas, had deepwater wells as well as their tieback to the
awarded it a “substantial” contract for the pro- Limbayong floating production storage and
vision of front-end engineering design (FEED) offloading (FPSO). TechnipFMC said it would
and integrated engineering, procurement, design, manufacture, deliver and install subsea
construction, installation and commissioning equipment including subsea trees, manifolds,
(EPCIC) of subsea production systems, umbil- umbilicals, flexible risers, flowlines, jumpers and
icals, risers and flowlines. other associated subsea hardware.

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