Malaysia offshore field fires up

August 9, 2021

Dateline 2021-07-30, Upstream:

Petrofac has brought on stream its East Cendor oilfield on Block PM 304 offshore Peninsular Malaysia.

East Cendor is the fourth field to be exploited on the block, following Cendor, West Desaru and Irama.

The project comprises the development of a single new wellhead platform (WHP) and installation of a new 6.3-kilometre pipeline linking the field to the existing floating production, storage and offloading vessel Cendor.

Output from East Cendor is expected to peak at more than 7000 barrels per day of oil, which will further extend the economic life of Block PM 304.

Petrofac Brings Online East Cendor Offshore Field in Malaysia

August 6, 2021

Dateline 2021-07-30, Offshore Engineer:

Malaysian oil and gas firm Petronas said Friday that Petrofac had brought online the East Cendor field in Block PM304, 40 kilometers offshore Peninsular Malaysia.

The field was developed by Petrofac as the operator and Kuwait Foreign Petroleum Exploration Company and Petronas Carigali as partners.

East Cendor is the fourth in the series of development in Block PM304, after Cendor, West Desaru, and Irama. 

Petrofac considers offshore oil asset sale in Malaysia

February 2, 2020

I suggest that these assets are run by Local Community Companies (LCC) as practiced by Oman.

Dateline 2019-06-12, World Oil:

Petrofac is weighing a sale of its Malaysian assets for about $300 million, according to people with knowledge of the matter.

The company has started gauging interest from potential investors on the planned divestment, said the people, asking not to be named as the discussions are private. The assets that could be on sale include a stake in an offshore oil field development known as PM304, one of the people said.

Petrofac is the latest oil company looking to monetize its investments in Malaysia. Exxon Mobil Corp. is considering a sale of its offshore assets in the Southeast Asian nation which could raise as much a $3 billion, Bloomberg News reported in October, while Murphy Oil Corp. in March agreed to sell its portfolio in Malaysia for $2.13 billion.