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SOUTHEAST ASIA

Petronas, BPUSB signs HoA
on gas supply

Petronas has signed a Heads of Agreement
(HOA) with Bintulu Prilled Urea Sdn Bhd
(BPUSB) for potential supply of natural gas as
feedstock to BPUSB’s proposed petrochemical
plant in Tanjung Kidurong, Bintulu, Sarawak.
The HOA was signed in Kuching on 3
November where Petronas was represented by
Head of Gas Planning and Optimisation, Malaysia
Petroleum Management, Zainal Abidin Zainudin,
while BPUSB was represented by its Director, Ir
Haji Roney Zaidell. Also present was Petronas spares. The umbilicals will provide power from Santos partners with CSIRO
Senior Vice President of Malaysia Petroleum the platform to the subsea compressor and pump
Management, Mohamed Firouz Asnan. modules. emissions technology
In his speech, Mohamed Firouz said, “This “We are very pleased to have been awarded
HOA underscores Petronas’ commitment to another important contract by Chevron on the Santos is partnering with Australia’s national
work with the State Government in expanding Jansz-Io compression project. We look forward science agency, CSIRO, to develop what is
the domestic gas and petrochemical industry to continuing our relationship with Chevron hoped could become the lowest cost direct air
in Sarawak in accordance with the Principle and maintaining our strong focus on safe and capture technology in the world.
Agreement signed in 2016. efficient operations,” said Maria Peralta, executive The collaboration will continue to develop
“The growth of the domestic economy will vice president and head of Aker Solutions’ subsea CSIRO Carbon Assist technology which removes
greatly benefit the people of Sarawak. Towards this business. CO2 directly from the atmosphere and higher-
objective, PETRONAS with the support of the State The contract will be booked as order intake in concentration post-combustion scenarios. The
Government will continue to work at attracting the fourth quarter of 2021 in the Subsea segment. CO2 can then be safely and permanently stored as
new investments into the upstream sector to ensure AKER SOLUTIONS, November 8, 2021 part of a carbon capture and storage (CCS) project,
sustainable gas supply to all our existing and new or used to make carbon-based products (CCUS).
customers.” Woodside reviews Greater The technology will be trialled and developed
The signing of the HOA also provides to realise its commercial potential at Moomba in
an opportunity for Petronas to forge a new Pluto reserves South Australia, from where the captured CO2 will
relationship with BPUSB as a domestic gas be transported by pipeline to Santos’ A$220 million
customer. Woodside has completed a review of the Moomba carbon capture and storage project.
PETRONAS, November 5, 2021 reserves and resource estimates for the Greater Santos Managing Director and Chief Executive
Pluto region. Excluding 2021 production to Officer Kevin Gallagher said the announcement of
date, the 1P Total reserves have increased by the trial comes at an important time for the global
OCEANIA approximately 10% and the 2P Total reserves community as the world struggles to find a credible
have decreased by approximately 10%. pathway to achieve net-zero emissions by 2050.
Aker solutions wins subsurface studies incorporating 4D seismic and of achieving net-zero scope 1 and 2 emissions by
The review follows completion of integrated
“At Santos, we have an industry-leading target
umbilicals contract for well performance data. The updated estimate has 2040 and we are committed to looking at new
been calculated based on a probabilistic method.
technologies and finding cost-effective ways to
Jansz-Io compression Previously a deterministic method had been used reduce our emissions so that we can continue
to calculate the reserves and resource estimates for
to supply affordable and cleaner energy to meet
project the Pluto-Xena fields. customer demand,” Mr Gallagher said.
The reclassification of Pyxis Hub reserves from
“Following the go ahead for our Moomba
Aker Solutions has been awarded a sizeable undeveloped to developed is due to achieving CCS project this week, we’re proud to partner
contract from Chevron Australia Pty Ltd to ready for start-up (RFSU) in October 2021 for the with CSIRO to develop ground-breaking carbon
provide the dynamic subsea umbilicals for the Pyxis and Pluto North wells.7 Further reserves capture technology which is really a negative-
Jansz-Io subsea gas compression development, reclassification from undeveloped to developed emissions technology.
offshore Australia. is expected in 2022 with the targeted RFSU of the “This technology literally has the potential to
Aker Solutions defines a sizeable contract as Xena-2 well and the Pluto water handling project. negate emissions elsewhere in the economy, especially
being between NOK 200 million and NOK 700 In addition, the Greater Pluto 2C Contingent in hard-to-abate sectors that Australia still needs to
million. Resource decreased by approximately 7% from manufacture essential everyday products – products
The contract includes the delivery of 234.3 MMboe to 218.4 MMboe.8 The decrease like cement, steel and the chemicals that are the
engineering, design and manufacturing of a includes the reclassification of 6.2 MMboe from 2P building blocks of the clothes we wear, our medical
total of about 70 kilometers of dynamic subsea Undeveloped Reserves to 2C Contingent Resource equipment, the packaging we use for bread and milk,
umbilicals. The scope of work includes three due to removal of late life compression from the the pipes that carry our water, toothpaste, detergents
subsea compressor umbilicals, two subsea pump reference development plan. and many other things.
umbilicals, as well as ancillary equipment and WOODSIDE, November 5, 2021 SANTOS, November 5, 2021

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