October 25, 2020
Dateline TBA, Offshore Technology:
SK408 gas fields development project is located within the SK408 Production Sharing Contract (PSC) area, approximately 120km offshore Sarawak in Central Luconia Gas Province, Malaysia.
The project includes five natural gas and condensate fields, namely Gorek, Larak, Bakong, Teja, and Legundi.
The gas fields development project is being developed jointly by SapuraOMV Upstream (40%), Sarawak Shell Berhad (30%) and Petronas Carigali (30%). The phase one development of the SK408 project includes the commercialisation of the gas reserves from the Gorek, Bakong, and Larak fields.
The final investment decision (FID) on the development of the three fields under the first phase was made in April 2018.
October 12, 2020
Dateline 2020-09-03, Offshore:
SapuraOMV Upstream says production is now stable from its Bakong gas field offshore Sarawak, which came onstream in June.
Bakong is part of the same SK408 production-sharing contract (PSC) as the company’s operated Larak gas field, which entered production started last December, and the Shell-operated Gorek field which came online this May.
Phase 1 of the SK408 development is now fully onstream. Under a long-term agreement with Petronas, the PSC partners are exporting the gas to the Petronas LNG complex in Bintulu, Sarawak.
March 20, 2020
Dateline 2020-01-15, Energy Industry:
SapuraOMV Upstream announced first production following the start-up at the end of December, 2019 from its Larak gas field under the SK408 Production Sharing Contract (PSC), which was delivered within budget. The SK408 gas fields are part of discoveries made by SapuraOMV Upstream in a drilling campaign in 2014. The fields are tied back into an existing processing facility and gas is transported through existing pipelines for onward gas processing at PETRONAS LNG complex in Bintulu.
March 18, 2020
Dateline 2020-01-13, Rigzone (what happened to their paywall?):
SapuraOMV Upstream has achieved within budget first production from its Larak gas field offshore Malaysia under the SK408 Production Sharing Contract (PSC).
The SK408 gas fields are part of discoveries made by SapuraOMV in a drilling campaign in 2014. They are tied back to an existing processing facility and gas is transported through existing pipelines for onward gas processing at Petronas LNG complex in Bintulu.
November 11, 2019
Dateline 2019-09-06, Reuters:
A joint venture between Malaysia’s Sapura Energy and Austrian energy group OMV will achieve first production at an East Malaysian gas field in the fourth quarter of the year, the business said on Friday.
SapuraOMV, the joint venture, holds a 40 percent stake in the SK408 block, while a unit of Malaysian state energy company Petronas and a subsidiary of Shell hold 30 percent each.
Peak production from the block will be achieved by 2023, SapuraOMV’s chief executive, Muhammad Zamri Jusof, told reporters.