November 15, 2021
Yea, baby. How about apply recycling’s mantra or reduce, reuse, recycle, bury deep?
Dateline 2021-11-03, Energy Voice:
The Malaysian government and state-backed Petronas have made commitments to cut greenhouse gas emissions. However, these goals become particularly challenging when many undeveloped fields with high levels of carbon dioxide (CO2) and hydrogen sulfide need to be tapped to backfill Malaysia’s LNG export complex in the coming years.
If emissions from these high CO2 fields are to be managed, then carbon capture and storage (CCS) will be a key enabler, according to IHS Markit. But it remains to be seen if the economics stack up and whether Malaysia can remain attractive in the context of a global upstream portfolio.
October 28, 2021
I learnt a term from the Interwebs, paraphrasing (it applied to bodyweight control) “Calorie control begins in the kitchen” How about gomen shelf the CCS, and look at streamlining the kitchen? Imagine the saman revenue.
Dateline 2021-10-06, Reuters/LeaderPost:
Malaysia’s Petronas plans to scale up a carbon capture and storage (CCS) project as part of the second phase of development at the Kasawari gas field off Sarawak, its CEO said.
The CCS project at the field, which is estimated to hold 3 trillion cubic feet of gas reserves, is key to the state energy firm’s plans to achieve net zero greenhouse gas emissions by 2050.
September 17, 2021
Doesn’t PETROS need to approve this?
Dateline 2021-08-17, The Chemical Engineer:
PETRONAS has awarded energy consultancy Xodus the conceptual engineering design contract for the state-energy firm’s first complete CCS project.
Xodus will conduct the feasibility studies and conceptual design for the CCS system for Kasawari, a sour gas field off the coast of Sarawak. The contract was won as part of Xodus’ contract with Petronas to provide engineering services for its Malaysian and international developments. Kasawari is scheduled to begin injecting captured CO2 in 2025, and has been billed by Malaysia’s state energy company as the world’s largest offshore CCS project. The field is estimated to have recoverable reserves of around 3 trn ft3 of gas.
September 2, 2021
Dateline 2021-08-09, The Maritime Executive:
The development of the first complete Carbon Capture and Storage (CCS) project, offshore Malaysia, is getting underway for the oil and gas company Petronas. The conceptual engineering design contract for the project was awarded to the global energy consultancy Xodus.
The Kasawari CCS project, off the coast of Sarawak, will comprise the capture and processing of carbon dioxide (CO2) from the sour gas field development, which will then be injected in a depleted gas field. This project is a key element of PETRONAS’ aspiration of achieving net-zero carbon emissions by 2050.
March 12, 2021
Dateline 2021-02-23, Upstream Online:
Malaysia’s national upstream company Petronas Carigali is forging ahead with its Kasawari giant sour gas field development offshore Bintulu, Sarawak.
August 1, 2019
Why are there quotes around attractive?
Dateline 2019-06-26, Kallanish Energy:
Half of the 11.2 billion barrels of oil-equivalent (Bboe) product discovered in Southeast Asia between 2010 and 2018 were found in Malaysia, Kallanish Energy learns.
Independent research company Wood Mackenzie said Monday the country “has proved itself to be the hottest spot for material exploration” in the area and offers some of the most attractive upstream investment opportunities.
At the moment, Malaysia needs extra supply as the large Kasawari gas project experienced delays in its Final investment decision (Fid) due to multiple breakdowns of a pipeline. The shortage is expected to last until 2025, according to analysts, when new major fields will begin operations.
July 23, 2019
Dateline 2019-06-24, Offshore:
Malaysia’s need for additional gas supplies could trigger a new round of upstream investment in Southeast Asia, according to Wood Mackenzie.
There have been multiple breakdowns in the Sabah-Sarawak gas pipeline and Petronas’ large Kasawari gas project offshore Sarawak has still to receive the go-ahead.
This has resulted in a short-term supply problem for Malaysia’s Bintulu MLNG plant, and the shortage could continue until at least 2025, when new fields are due to come onstream such as Kasawari, Jerun, Timi, Rosmari, and Marjoram.
July 20, 2019
Dateline 2019-06-21, Upstream Online:
Exploiting the estimated 3.2 trillion cubic feet of recoverable gas reserves hosted in the Kasawari sour gas field off Malaysia has been a long time coming and there are still hurdles to be overcome, writes Amanda Battersby.
Operator Petronas originally targeted a 2019 start-up date for Kasawari with peak production of 900 million cubic feet per day envisaged. However, it now seems likely that the final investment decision will not be taken until the middle of next year at the earliest.
Among the challenges, industry sources suggested Petronas could yet return to the market with another open tender process if it cannot agree an acceptable price for the large central processing platform with preferred contractor Malaysia Marine & Heavy Engineering.
May 21, 2018
Dateline 2018-03-21, Upstream Online:
Malaysia’s national oil company Petronas has delayed the potential divestment of a significant stake in Block SK 316 offshore Sarawak, East Malaysia that is home to the giant Kasawari gas field.
There has been a delay in the process, PTTEP President Phongsthorn Thavisin said on the sidelines of OTC Asia. The Thai national upstream player is still interested in coming on board this gas-rich acreage and would “normally be interested in 10% to 20% of such a prize, added Phongsthorn.
Petronas is set to this year decide whether to line up a partner for Block SK 316 or whether to solely pursue the exploitation of Kasawari, which has an estimated recoverable resource of 3 trillion cubic feet of gas.
March 20, 2015
Dateline 2015-01-13, Borneo Post:
Three parties have likely been pre-qualified by Petronas for the US$1.5 billion Kasawari central processing platform (CPP) contract.
AmResearch Sdn Bhd (AmResearch) noted that the three parties are South Korea’s Hyundai Heavy Industries Co Ltd, a joint venture between Italy’s Saipem SpA and SapuraKencana Petroleum Bhd, and a partnership between France’s Technip SA and Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE).
“We understand the bidding is in progress and is currently being evaluated.
“The contract could be awarded sometime in April. Berlian McDermott, a joint venture between TH Heavy Engineering Bhd and Houston-based McDermott International Inc, did not progress beyond the prequalifying stage of this contest,” said AmResearch.