Petronas, JX Nippon to collaborate on proposal to develop gas fields off Malaysia

February 16, 2023

Dateline 2022-12-12, Reuters:

Malaysia’s state energy firm Petronas said on Monday it would work with JX Nippon Oil & Gas Exploration Corp on a joint proposal to monetise gas potential in the Bujang, Inas, Guling, Sepat and Tujoh (BIGST) fields located off the shores of peninsular Malaysia.

The BIGST fields are located off Kerteh, Terengganu in eastern Malaysia, Petronas said.

Carbon capture and storage (CCS) technology will be key to monetising the fields as they contain high carbon dioxide, Petronas said, adding that it will be the first CCS project in Peninsular Malaysia.

…

Leave a Comment » | oil and gas | Tagged: , , , , , , | Permalink
Posted by Wata

Petronas to offer 1st Sepat crude next month

March 10, 2012

Dateline 2012-02-20:

Malaysia’s national oil firm, Petronas, will offer next month its first cargo of Sepat sweet crude to load in May as it starts production from marginal oilfields to reverse declining output, industry sources said today.

The producer plans to offer 250,000 barrels of the crude every month, they said.

The Sepat field, offshore East Malaysia, came on stream late last year and production has peaked at 8,800 barrels per day, a source said.

…

 

Leave a Comment » | business opportunity, Malaysia | Tagged: | Permalink
Posted by Wata