KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has confirmed its first gas production from Rotan and Buluh fields in Block H off the coast of Sabah on February 6, 2021.
Petronas senior vice president of Malaysia Petroleum Management Mohamed Firouz Asnan said the gas production reflects a strong collaboration between Petronas and the investors as both parties bring together expertise and technologies to monetise stranded deepwater gas fields through the evacuation of gas via its second floating liquefied natural gas (FLNG) facility PFLNG DUA, operated by Petronas Floating LNG Ltd.
PTTEP Sabah Oil Ltd, a subsidiary of PTT Exploration and Production Public Company Ltd (PTTEP) is the operator for Block H, partnering with PT Pertamina Malaysia Eksplorasi Produksi and Petronas Carigali Sdn Bhd, a subsidiary of Petronas.
"Upon expected commercial delivery of its first LNG cargo by the middle of March 2021, PETRONAS will become the first global energy company to own and operate two floating liquified natural gas (LNG) facilities.
"In addition, the strong support from the Sabah state government also plays a significant role in realising this achievement," said Firouz.
Petronas said the gas production came from a water depth of more than 1,100 metres and marks another significant milestone in Malaysia's upstream sector, as it is the first deepwater gas field with a target production capacity of 270 million standard cubic feet per day.
It said gas is received by Petronas' PFLNG DUA facility for the LNG export market.
"Production from Block H joins the ranks of existing production from three deepwater blocks offshore Malaysia," it said.
Meanwhile, Petronas said four additional deepwater blocks are being offered in the upcoming Malaysia Bid Round 2021 scheduled on 26 February 2021.
Petronas welcomes further investment to unlock deepwater potential in realising the vision to make Malaysia the deepwater hub in SouthEast Asia.
