ExxonMobil starts production from Telok B platform


KUALA LUMPUR: ExxonMobil Exploration and Production Malaysia Inc. (ExxonMobil), a subsidiary of Exxon Mobil Corporation plans to kick-start natural gas production from the second phase of Telok gas development project located off the east coast of Peninsular Malaysia.

In a press release on Thursday, the company said the project comprises of two satellite platforms namely Telok A and Telok B which together are able to produce more than 450mil cubic feet per day of natural gas. 

”The Telok field was developed under a gas production sharing contract between ExxonMobil, as the operator, Petronas Carigali Sdn Bhd, and Petronas to help meet demand for natural gas in Peninsular Malaysia,” it said.

ExxonMobil and Petronas Carigali each hold 50% interest in the project.

“Telok is one of several upstream investments announced under Malaysia’s Economic Transformation Programme in 2011, which saw ExxonMobil and Petronas Carigali invest more than RM10bil in new oil and gas assets to help ensure reliable and sustainable energy supplies for Malaysia,” ExxonMobil noted.

Meanwhile, ExxonMobil president See Kok Yew said the Telok B platform completion reflects the ability of Malaysian contractors to design, fabricate and install oil and gas production facilities in a safe and efficient manner.

“The Telok field development is another successful partnership between ExxonMobil and Petronas Carigali that’s helping to ensure reliable gas supply to the nation,” he added.

Furthermore, the company said through its concept of ‘design one and build many’, the Telok development took more than 4.8mil total hours to complete and there was no lost-time injury by contractors.

The development concept of “design one, build many” was utilised to efficiently develop the Telok field and cut down construction timelines. 

Telok B drilling operations started in Sept last year from which natural gas is being produced through a 25-kilometre pipeline to the existing Guntong E platform for processing.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Oil sheds more than $1 as China data disappoints
Bursa Malaysia to launch voluntary carbon market exchange
Thai GDP notches fastest growth in a year on eased Covid curbs
Chinese developers in 'survival mode' slashes property investment
China stocks slip on slowdown fears despite surprise rate cuts
China unexpectedly cuts key rates as economic data disappoints
Blue chips continue to rise amid overall weaker market
Malaysia's semiconductor industry to benefit from Chips and Science Act
Buying interest boosts ringgit vs US$
Malaysia to achieve GDP growth of 5.3% to 6.3% this year

Others Also Read