Petronas still driving Malaysia’s upstream

April 17, 2022

Dateline 2022-03-08, Petroleum Economist:

The state-owned firm is doing most of the running, but IOCs are also active as the country seeks to sustain both production and LNG exports in particular
Malaysian state-owned Petronas’ policy of pressing on with offshore development despite the pandemic began to reap dividends around the turn of the year, with reports of several new finds and fresh drilling activity off the coast of Sarawak state.

The firm announced another offshore gas discovery in the area in January, at Hadrah-1in Balingian province. The success of the wildcat followed similar finds at Sirung-1 and Kulintang-1 last year.

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Malaysia’s Petronas makes 3rd gas find off Sarawak’s Balingian province

March 11, 2022

Dateline 2022-01-07, Channel News Asia:

Malaysia’s state oil firm Petronas has made a new gas discovery at the Hadrah-1 wildcat exploration well off the coast of Sarawak state, the firm said on Friday.

The discovery by subsidiary Petronas Carigali Sdn Bhd was made at Block SK411k located in the shallow waters of Balingian Province.

Petronas said Hadrah-1 is the company’s third gas discovery in this province, after Sirung-1 and Kulintang-1 in March and May respectively.

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PTTEP and partners make oil and gas discovery offshore Malaysia

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.

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