Repsol’s Bunga Pakma, Kinabalu projects on track

June 22, 2017

Is this an article on ex-EPMI staff?

Dateline 2017-05-24, Borneo Post:

Repsol Oil and Gas Malaysia Ltd’s (Repsol) Bunga Pakma development and Kinabalu redevelopment offshore oil platform projects are on track for their transportation and installation (T&I) phases.

The two projects are within the last legs of their Engineering, Procurement and Construction (EPC) phases which are carried out by OceanMight Sdn Bhd (OMSB), an affiliate of local-based KKB Egineering Bhd, and are scheduled to be completed in the second quarter of financial year 2017 (2QFY17) for the Kinabalu redevelopment project and 3QFY17 for the Bunga Pakma development project.

The Kinabalu redevelopment project entails the construction of a 3,700-tonne wellhead riser platform and a 350-tonne bridge that would link the new facilities to the existing Kinabalu platform owned by Repsol.


State to tap marginal oilfields

April 11, 2017

Dateline 2017-04-01, Borneo Post:

Turning Bintulu into a gas hub, continuing to exploit small pool reserves and enhancing local participation in both upstream and downstream activities are among the key focus areas to boost Sarawak’s position in the oil and gas sector.

In highlighting this, Chief Minister Datuk Amar Abang Johari Tun Openg said these measures were on top of the government’s persistent push for 20 per cent oil royalty from the federal government and Petronas.

“Oil and gas resources are still available in Sarawak based on a seismic study showing that hydrocarbons are still found in certain exploited areas either in the form of oil or gas,” he pointed out.

As such, he informed that the state government had indicated to Petronas, Sarawak’s interest in continuing to tap into the marginal fields of oil and gas reserves in the state.

Abang Johari was addressing OceanMight Sdn Bhd’s safety achievement celebration for reaching one million man-hours without Loss Time Injury for the EPC Kinabalu Redevelopment Project which was held in its yard at KKB Engineering Bhd, Jalan Bako here.

Marginal fields known as ‘tekih tekih minyak’ by Sarawakians, according to Abang Johari, are small oil and gas reserves that have been exploited and which big oil companies like Shell or Petronas were not interested in tapping further.