MISC Bhd vice president of offshore business unit Syed Hashim Syed Abdullah and others releasing dioves at the Marginal Marine Production Unit (MaMPU 1) sail-away ceremony in Pasir Gudang. MaMPU 1 will be deployed offshore Sarawak at a marginal field is operated by Petronas' unit Vestigo Petroleum Sdn Bhd,
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) will employ a floating vessel offshore Sarawak that incorporates a first-of-its-kind technology in the region to allow for higher oil production with lower gas emissions.
MISC Bhd
, a 62.7% subsidiary of Petronas, said in a statement that it was providing the fit-for-purpose floating production storage and offloading vessel (FPSO) for developing marginal fields.
The Marginal Marine Production Unit (MaMPU 1) will be used at Anjung Kecil oil field, offshore Sarawak, which is operated by Vestigo Petroleum Sdn Bhd, a Petronas Carigali Sdn Bhd unit set up a few years ago to develop marginal fields.
MISC celebrated the sail away of its MaMPU 1 in a ceremony on Thursday in MMHE East Yard, Pasir Gudang.
MISC said MaMPU 1, converted from an oil tanker, had a storage capacity of 318,000 barrels and was designed to produce 15,000 barrels of oil per day with 25 million standard cu ft per day (MMscfd) of gas handling capacity.
One transformation technology that MISC has adapted on MaMPU 1 is Sep-iSYSTM, a compact low pressure system that stabilises the crude received from the reservoir for safe storage and subsequent export to the market.
Through its condensate recovery system (CRS), MaMPU 1 is designed for increased oil production via recovery from unwanted flaring gas.
“CRS, combined with Sep-iSYSTM ,will enable the production of an additional 50 barrels of oil per one million sq cu ft of flared gas. In line with MISC’s initiatives to reduce carbon footprint for gas emissions, it is expected that the CRS will contribute to lowering CO2 emission by 25% to 30% on daily flaring rates,” the energy shipping firm said.
MISC said it was the first in the region to introduce the technologies on a floating asset. “This advancement will benefit in sustaining MISC’s position as the one of the leading marginal fields solutions providers,” it said.
MISC noted that this was consistent with its mission to operate responsibly and proactively minimising the impact on the environment where possible.
The sail-away ceremony was attended by MISC vice president of offshore business unit Syed Hashim Syed Abdullah, Vestigo Petroleum chief executive officer Keith Collins as well as management and representatives from Petronas, MISC, Malaysia Marine and Heavy Engineering Holdings Bhd, NGL Tech Sdn Bhd and other guests.
Limited time offer:
Just RM5 per month.
