Malaysia’s Petronas, Total sign HOA on development of offshore sour gas field


Dateline 2012-03-28:

Malaysia’s Petronas and Total of France have signed a heads of agreement to jointly study the development and production of a high carbon dioxide gas field offshore Sarawak in eastern Malaysia, the state-owned oil and gas company said Wednesday.
The K5 gas field, discovered in 1970, is a sour gas field with an up to 70% carbon dioxide content. To develop and produce such a field requires extensive study and research, and if it results in the production of gas, K5 would be the first gas field with more than 50% carbon dioxide to be developed in Malaysia, Petronas said.

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This entry was posted on Tuesday, April 17th, 2012 at 6:00 am and is filed under business opportunity, Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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