September 15, 2020
Dateline 2020-07-31, NST:
Sarawak Shell Bhd (SSB), through its Gorek field under the SK408 Production Sharing Contract (PSC) has achieved its first gas production on May 24, 2020.
SSB said the first gas was delivered ahead of the committed timeline, despite the significant impact to the mobilisation of resources and construction and commissioning crew during the Movement Control Order (MCO) due to the Covid-19 pandemic.
“This success is a result of the excellent collaboration between our key stakeholders, Petronas and SK408 PSC partners – SapuraOMV Upstream and Petronas Carigali Sdn Bhd, contractors, vendors and various support teams within Shell, led by the Gorek project team.
“This achievement commemorates the 110th anniversary of our Upstream business, here in Malaysia this year,” said Shell Malaysia Upstream vice president Ivan Tan.
June 3, 2018
Dateline 2018-04-12, The Edge:
The long-awaited go-ahead for the development of three gas fields off Sarawak provided a huge boost to flagging Sapura Energy Bhd, with its market capitalisation boosted by more than half a billion ringgit as its share price rallied sharply yesterday.
Sapura Energy logged its largest single-day price gain since its listing six years ago to finish a fifth higher to 64.5 sen after it announced it was proceeding with the development of the Gorek, Larak and Bakong gas fields off Sarawak under phase one of the SK408 production sharing contract (PSC).
The PSC follows a final investment decision (FID) made after the fields development plan received Petroliam Nasional Bhd’s approval. Concurrently, the key terms of the gas sales agreement for the gas fields’ development have been agreed upon.
July 31, 2014
Dateline 2014-06-09, Rigzone:
SapuraKencana Energy (SKE) announced Monday four significant gas discoveries in the SK408 Production Sharing Contract (PSC) area offshore Sarawak, Malaysia.
All four wells have discovered non-associated natural gas within the primary target Late Miocene Carbonate reservoirs. The first well, Teja-1, located southeast of the Cili Padi gas field encountered 719 feet (219 meters) of gross column whilst the Gorek-1 discovery, southeast from F23 gas field encountered a gross gas column of 771 feet (235 meters).
The third well, Legundi-1, located south of F23 gas field was drilled in a down-flank location and encountered a 456 feet (139 meters) gross gas column, and the fourth well, Larak-1, located south of F6 gas field, also drilled in a down-flank location encountered a gross gas column of 1,093 feet (333 meters).