Shell, Petronas expand Baram Delta terms to include gas rights

September 18, 2014

Dateline 2014-07-03, The Star:

Petronas, Petronas Carigali Sdn Bhd and Shell Malaysia have expanded the terms of the 2011 Baram Delta (BDO) production sharing contract (PSC) for enhanced oil recovery projects (EOR) offshore Sarawak (2011 Baram Delta EOR PSC) to include gas rights.

With the signing of the Heads of Agreement (HOA) for Baram Delta Gas Gathering Project 2 (BARDEGG2), associated and non-associated gas rights linked with the Baram Delta Operations will be incorporated into the 2011 Baram Delta EOR PSC, said Shell Malaysia in a statement on Thursday.

The Tukau Timur field, previously part of the SK307 PSC, will also be integrated into the 2011 Baram Delta EOR PSC enabling non-associated gas to be developed as part of a single integrated development project.

From Business Times – PETRONAS,Shell ink oil deals in Malaysia

November 25, 2011

Dateline 2011-11-11:

Petroliam Nasional Bhd, Malaysia’s state oil company, signed two production-sharing deals with Royal Dutch Shell’s Malaysian unit today.

An agreement for two 30-year contracts to recover oil off the Southeast Asian nation’s Sarawak and Sabah coasts was sealed today, Shell said in an e-mailed statement.

The companies aim to extend the life and increase the recovery rate at the Baram Delta and North Sabah fields, it said.

This may result in an additional oil production of as much as 100,000 barrels per day of oil equivalent and extend their life beyond 2040.