Lundin produces first oil from offshore Malaysia


Dateline 2015-04-14, UPI:

Swedish energy company Lundin Petroleum declared victory Tuesday after announcing its first volumes of oil produced from a field off the coast of Malaysia.

Lundin announced its Malaysian subsidiary started commercial production from the Bertam field using four pre-drilled development wells. Peak production of 15,000 barrels of oil per day is expected by late 2015.

“Bertam is our first development project in Malaysia and as such we are very pleased to have achieved first oil safely, on schedule and within budget,” Lundin President and Chief Executive Officer Ashley Heppenstall said in a statement.

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This entry was posted on Sunday, May 24th, 2015 at 6:52 am and is filed under 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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