Page 9 - AsianOil Week 20 2021
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PTTEP strikes gas offshore Malaysia
PROJECTS & THAILAND’S state-owned PTT Exploration discoveries in Malaysia to serve future energy
COMPANIES and Production (PTTEP) has extended its run demand.”
of wildcat successes in Malaysia’s shallow waters, PTTEP’s success at Block SK438 comes after
announcing its fourth discovery this year. the company revealed in late March that it had
The developer said on May 19 that its Kulin- struck oil and gas via its first exploration well,
tang-1 wildcat well had made a natural gas dis- Sirung-1, in the shallow-water Block SK405B.
covery in Block SK438, which lies around 108 The company announced in February that
km from the Sarawak State coast. it had struck gas in the shallow-water Block
Kulintang-1, which was spudded in March SK417, also via the acreage’s first exploration
and reached a total depth of 2,238 metres in well – Dokong-1. Earlier that month PTTEP
April, is the company’s first well in the block and revealed that the completion of the Lang
PTTEP intends to drill another in the second Lebah-2 appraisal well in SK410B in mid-Jan-
quarter. PTTEP operates Block SK438 with an uary 2021 had delivered the company’s largest
80% stake, while Malaysia’s state-owned Petro- ever gas discovery. The well encountered more
nas holds the remaining 20 %. than 600 metres of net gas pay and flowed at a
The Thai major said the fact that Block SK438 rate of 50mn cubic feet (1.42mn cubic metres)
lay adjacent to a number of its other blocks, per day.
which already have facilities, opened the door PTTEP said it was currently exploring Blocks
for cluster development. The blocks in question SK405B, SK410B, SK314A, SK417, PM407 and
are SK405, SK309, SK311 and SK314A. PM415, while its major producing assets include
PTTEP CEO Phongsthorn Thavisin hailed Blocks K, SK309, SK311, the Rotan-Buluh field
the discovery as demonstrating the company’s in Block H as well as gas fields in the Malay-
“continuous efforts in applying new techniques sia-Thailand Joint Development Area that are
and interpretation to identify opportunities in jointly operated with Petronas.
mature areas.” PTTEP is also a joint investor with parent
Thavisin added: “We are determined to company PTT, through PTT Global LNG, in the
explore further and make more oil and gas MLNG Train 9 Project in Sarawak.
Stena wins FEED contract for
Vietnamese LNG project
PROJECTS & STENA Power & LNG Solutions has been detailed model testing to ensure optimum per-
COMPANIES awarded a front-end engineering and design formance under the environmental conditions
(FEED) contract for the use of its jettyless LNG in the Mekong Delta, Stena said.
transfer and regasification technology at Delta “The Jettyless Floating Terminal and the
Offshore Energy’s (DeltaOE) planned LNG-to- Self-Installing Regas Platform are key compo-
power project in Vietnam. nents of our LNG-to-power solution for Bac
This builds on a technology licence agree- Lieu,” stated DeltaOE’s managing director,
ment reached between the two companies from Bobby Quintos. “They allow us to position the
August 2020 for DeltaOE to use Stena’s jettyless LNG receiving terminal offshore, and thereby to
technology. minimise the project’s impact on land and on the
DeltaOE’s project, which is located in Bac coastline of Bac Lieu,” he added.
Lieu Province in southern Vietnam, is set to “Our jettyless LNG-to-power technology has
be among the country’s first privately operated been created to meet demand for more flexible
regasification terminals. The power plant will LNG import and export terminals, such as is
have a capacity of 3.2 GW, with DeltaOE aiming required for the hugely exciting Bac Lieu LNG-
to bring the first 800-MW block online by early to-power project,” Stena’s chief technology
2024 and to have all four blocks in service by the officer, Svein Hellesmark, said.
end of that year. The company is targeting the Several LNG-to-power projects have been
start of construction later this year. proposed for Vietnam, but thus far only the Hai
DeltaOE will employ Stena’s Jettyless Floating Linh terminal is thought to be near start-up,
Terminal (JFT) and Self-Installing Regas Plat- while the state-backed Thi Vai terminal is
form (SRP) for the project. These will be located under construction. Among the other projects,
roughly 40 km offshore. The FEED will include DeltaOE’s scheme is among the frontrunners.
Week 20 20•May•2021 www. NEWSBASE .com P9
