May 6, 2021
Dateline 2021-04-05, Reuters:
Malaysia’s state oil company Petronas signed an agreement with Brunei on Monday to jointly develop two offshore oilfields.
The Gumusut-Kakap and Geronggong-Jagus East fields straddle the two countries’ maritime boundary. The tiny sultanate of Brunei is surrounded by the Malaysian state of Sarawak on the north coast of the island of Borneo.
“Having now formalised this landmark agreement, Petronas believes that both parties can look forward to continuing the strong momentum towards developing our nations’ energy sectors for the long-term growth and prosperity of both Brunei and Malaysia,” said Petronas group CEO Tengku Muhammad Taufik said in a statement.
April 19, 2020
Dateline 2020-02-28, Energy Voice:
Malaysia has revoked a cross-border agreement with Brunei to jointly develop fields along the Malaysian-Brunei maritime boundary.
The move jeopardises Total’s proposed sale of its Block CA-1 to Shell, as well as various offshore production-sharing contracts, including the Shell-led Gumusut-Kakap project.
Industry sources in Malaysia confirmed that Petronas halted discussions early February regarding unitisation and joint collaboration on several upstream projects straddling the maritime boundary, or that are located in Blocks CA-1 and CA-2 in the demarcated Malaysia Brunei Commercial Arrangement Area (CAA).
November 21, 2019
Dateline 2019-09-28, Borneo Post Online:
Sabah Shell Petroleum Company Ltd, the operator of the Gumusut-Kakap (GK) semi Floating Production System located offshore Sabah, announced the completion of its GK Phase 2 project, which involved the drilling of four additional subsea wells tied back to its semi Floating Production System (GK-Semi FPS).
At peak production, the four wells will add 50,000 barrels of oil equivalent per day to the GK-Semi FPS, sustaining its rated production capacity of 165,000 barrels per day.
Located in water depths of 1,200 meters, the GK-Semi FPS was Shell’s first Deepwater development in Malaysia, starting production in 2014.
November 25, 2014
Goodbye, Tapis Crude. Hello, Kimanis.
Dateline 2014-09-10, Reuters:
Malaysian state oil firm Petronas plans to ramp up production at an offshore field this month, with first exports of the new crude grade planned for November, two sources with knowledge of the matter said Wednesday.
Ramp-up of output at the Gumusut-Kakap field is key to Malaysia’s efforts to boost production and exports from several deepwater developments in the eastern part of the country.
Production of the new Kimanis crude grade may reach 80,000-90,000 barrels per day (bpd) next year, with potential to raise production further in the future, said one of the sources.
“If everything goes right, a cargo will load in November,” the source said.
July 19, 2013
I believe when I see…
Dateline 2013-06-29, Rigzone:
Shell expected its floating production system (FPS) for the Gumusut-Kakap oil field project offshore Sabah, Malaysia to operate at full capacity by year-end.
“We drew our first oil in November last year and we expect to reach full production capacity by year-end,” said Chairman Iain Lo of Shell Refining Company (Federation of Malaya) Bhd – a subsidiary of Shell in Malaysia as reported by Malaysian national news agency Bernama June 21.
The FPS will produce 150,000 barrels of crude oil per day from 19 subsea wells, which are located in water depths of 3,937 feet.