PETRONAS: SK318 Timi field achieves first gas production


KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has announced that the Timi field in Block SK318, located about 200 kilometres (km) off the coast of Sarawak, has achieved its first gas production on Aug 22, 2023.

Block SK318 is operated by Sarawak Shell Bhd with a 75 per cent participating interest, in partnership with Petronas Carigali Sdn Bhd (15 per cent participating interest) and Brunei Energy Exploration (10 per cent participating interest).

The national oil company said the Timi field development comprises a new wellhead fixed platform which is connected to the F23 production hub via an 80km pipeline.

"Installed in water depths of about 143 metres, it is Malaysia’s deepest fixed platform to-date.

"Both the topside and substructure were fabricated locally, designed to be unmanned and powered by a solar and wind hybrid power energy system," it said in a statement today.

Petronas' Malaysia petroleum management (MPM) senior vice-president, Mohamed Firouz Asnan said the group is pleased that Shell was able to optimise the development of Timi, which is capable of producing up to 300 million standard cubic feet per day (MMscfd) of gas using less than 5.0 kilowatt (kW) of continuous power generation.

He said the group is also proud of its partnership with Block SK318 contractors and their service providers, and highlighted that the achievement would not have been possible without the strong support of the Sarawak state government. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Petronas , Timi field ,  SK318 , O&G , Gas production

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
InNature diversifies into the F&B industry
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
Perak Corp gets extension
MAA raises stake in KNM Group to 13.5%
Calls for planters to increase use of technology
UOB Kay Hian bags award for Islamic stockbroking

Others Also Read