May 2, 2022
Dateline 2022-03-24, Bangkok Post:
PTT Exploration and Production Plc (PTTEP) is preparing to explore a new offshore oil block in Malaysia under its “Coming Home Strategy” to focus more on new investments in Southeast Asia.
Malaysian national oil and gas conglomerate Petronas awarded the exploration rights at Block SB412, located off the northwestern coast of Sabah, to PTTEP through its subsidiary PTTEP HKO and its partner SapuraOMV.
April 9, 2022
Dateline 2022-02-18, Upstream:
Petronas awarding parallel front-end engineering and design contracts for its Kasawari carbon capture and storage project offshore its native Malaysia serves as a timely reminder that the increasingly global decarbonisation drive is continuing to build momentum.
But it also highlights the ability of conventional oil and gas projects to continue to attract billions of dollars’ worth of capital expenditure, with demand for hydrocarbons looking set to prevail until at least 2050 and likely well beyond.
The Malaysian national oil company appears to be on track — as intended — to take the final investment decision later this year on Kasawari CCS (Kasawari phase two), which is being touted as the world’s largest offshore CCS project.
March 12, 2022
Dateline 2022-01-24, Offshore Energy:
Malaysian energy and maritime solutions provider MISC Berhad announced that the Malaysian Deepwater Floating Terminal (Kikeh) Limited (MDFT) had recently entered into an agreement with PTTEP to extend a charter contract for the FPSO Kikeh, which is operating off Sabah, Malaysia.
MDFT is a joint venture company between MISC and SBM Holdings (SBM) with 51 per cent and 49 per cent of the equity, respectively.
As reported by MISC on Monday, the charter extension for the vessel is for six years, beginning January 2022 until January 2028.
July 16, 2021
Dateline 2021-06-09, Upstream Online:
Thailand’s national upstream company PTTEP is set to spud imminently the Nangka-1 exploration well on the Block SK 147 production sharing contract offshore Sarawak in Malaysia’s exclusive economic zone.
Borr Drilling’s jack-up rig Saga, which was last operating on the Medan Helang D1-1 well, has been lined up for the Nangka wildcat.
June 28, 2021
Dateline 2021-005-17, Offshore Engineer:
Thai oil company PTTEP has made another gas discovery offshore Malaysia, this time at the exploration well, Kulintang-1, its first drilled in the Block SK438, located around 230 kilometers off the coast of Miri, Sarawak.
The company has been on a discovery spree in Malaysia as it recently announced discoveries at Sirung-1 well, in Block SK405B, Dokong-1 wildcat well in Block SK417, and at the Lang Lebah-2 well, in Block SK410B.
As for the latest discovery, Phongsthorn Thavisin, PTTEP Chief Executive Officer, said that PTTEP had started drilling at the Kulintang-1 wildcat well in Block SK438 in March 2021. The well was drilled to a total depth of 2,238 meters in April 2021.
June 25, 2021
Dateline 2021-005-18, Upstream Online:
Thailand’s national upstream PTTEP as early as next week is set to spud the Mak Yong wildcat offshore Sarawak, part of its 2021 exploration and appraisal drilling campaign in Malaysia that has already come up trumps on several wells.
The Mak Yong-1 exploration well on shallow-water Block SK 438 will be drilled by the Borr Gunnlod, one of two jack-up rigs it has on charter from Norway’s Borr Drilling.
PTTEP last month completed the tight Kulintang-1 probe on the same block before moving Borr Gunnlod to the Pemanis field, part of the operator’s blocks SK 309 and SK 311 phased gas fields development.
April 14, 2021
2021-03-30, Offshore Technology:
Thailand’s PTT Exploration & Production (PTTEP) and its partners have made new oil and gas discovery in the Sirung-1 wildcat exploration well offshore Malaysia.
The exploration well is situated in Block SK405B production sharing contract (PSC), located in the shallow waters of Balingian Province, approximately 237km off the coast of Miri, Sarawak.
Drilled to a total depth of 2,538m, the Sirung-1 exploration well encountered significant oil and gas column, exceeding 100m within the Oligocene to Middle Miocene sandstone reservoirs.
The partners plan for an appraisal well in near future to assess the upside resources.
February 26, 2021
Dateline 2021-02-17, Bangkok Post:
PTT Exploration and Production Plc (PTTEP) has started its natural gas production at Rotan and Buluh deepwater fields of Block H off the coast of Sabah, Malaysia, marking its move to strengthen investment in Malaysia.
The production will increase the company’s petroleum supply and sales volume in the neighbouring country.
The first gas production in Block H came after its wholly-owned subsidiary PTTEP HK Offshore Co successfully completed the Lang Lebah-2 appraisal well in the Sarawak SK 410B Project. The drilling result registered a new record for PTTEP’s largest gas discovery.
February 24, 2021
Dateline 2021-02-10, Reuters:
Thailand’s largest oil and gas firm, PTT Exploration and Production Pcl on Wednesday said it made its biggest gas find yet in a project offshore of Malaysia.
“We are delighted to confirm the largest-ever gas discovery by PTTEP,” chief executive Phongsthorn Thavisin said, adding that the discovery strengthened the company’s investment base in Malaysia.
The discovery is based on the appraisal of Lang Lebah-2 in the Sarawak SK 410B project, about 90 km (55.92 miles) offshore of the Malaysian state of Sarawak.