December 30, 2020
I didn’t know you could do force majare on a grade. 2020 Uni grads, go find a lawyer!
Dateline 2020-12-24, The Edge:
Malaysia’s Petroliam Nasional Bhd (Petronas) has declared force majeure on two crude oil grades following production issues, four trade sources said yesterday.
The disruption to Miri and Cendor crude supplies has reduced Malaysia’s oil exports this month and supported spot prices in the region.
Miri crude production was reduced after a ship hit an oil production platform off Sarawak in late October, the sources said.
It was not immediately clear when Miri’s output could return to normal.
May 16, 2013
FMT, dateline 2013-05-02:
Petronas, the national oil company, today announced the successful drilling of the Cendor Graben-2 appraisal well within Block PM304, offshore Peninsular Malaysia.
In a statement here, Petronas said the well was drilled to a depth of over 1,000 metres and confirmed the presence of oil and some gas-bearing reservoirs.
Drilling was undertaken by Petrofac (Malaysia PM304) Ltd, the operator for Block PM304, together with joint-venture partners Petronas Carigali Sdn Bhd, Kuwait Foreign Petroleum Exploration Company and PetroVietnam Exploration Production Corporation Ltd.
March 25, 2010
I think this isn’t news anymore, but here it is out in the open. Don’t know why the link is called ‘Petrobras’ though. Taken from the Offshore Magazine, dateline 2010-03-15:
KUALA LUMPUR — Petrofac’s Energy Developments division is considering a second-phase development of Block PM304 offshore Peninsular Malaysia.
The company operates the Cendor oil field on the license, which last year averaged production of 14,400 b/d, down slightly on levels in 2008. Petrofac’s Engineering & Operations division installed a Caltec Wellcom multiphase boosting system on one of the wells, which led to a substantial increase in output. As a result, further units may be installed.
Petrofac and its partners Petronas, PetroVietnam, and Kufpec have also drilled numerous successful near-field appraisal wells. They have commissioned a front-end engineering design study for a second-phase program, and expect to submit a field development proposal during the second half of 2010.