Petronas, Shell, ConocoPhillips JV Starts Gas Production Off Malaysia

Dateline 2014-11-12, Nasdaq:

Kebabangan Petroleum Operating Company Sdn Bhd., a joint venture backed by Petronas, ConocoPhillips and Royal Dutch Shell PLC, said Wednesday it started gas production from the Kebabangan gas field off Malaysia.

Production is expected to reach 500 million standard cubic feet per day by April 2015, the company said in a statement. Kebabangan installed a platform that could process up to 825 million standard cubic feet of natural gas, 80,000 barrels of crude oil and 22,000 barrels of condensate daily, it added.

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