PETRONAS has gas production off Sarawak


The Jerun field was first discovered in 2015 by Sapura OMV.

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) has announced that the Jerun field in Block SK 408, located 160km off the coast of Sarawak, has recently achieved its first gas production.

In a statement, the company said Sapura OMV Upstream (Sarawak) Inc, the operator of this block, holds 40% participating interest, while the remaining 60% is equally shared by PETRONAS Carigali Sdn Bhd and Sarawak Shell Bhd.

“The Jerun field was first discovered in 2015 by Sapura OMV, following the drilling of nine exploration wells from 2014 to 2015.

“Capable of producing up to 550 million standard cubic feet per day, this project is poised to address the increasing global energy demand,” it said.

PETRONAS senior vice-president of Malaysia petroleum management Datuk Bacho Pilong said the project promises significant contributions towards sustaining the country’s long-term gas supply. — Bernama

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

Next In Business News

Bitcoin touches 12-week high as traders weigh progress on Iran
TAS Offshore’s MD passes away
Anuar Ahmad retires as PetDag chairman
Axteria appoints Zaini Jass as chairman
Hextar Capital secures RM155.3mil Melaka hospital project
KHPT proposes RM19.5mil acquisition, diversifies into metal stamping
Ringgit closes higher against US dollar on tech-led inflows, easing geopolitical risks
KIP REIT posts stronger 3Q earnings, proposes RM435mil Setapak Central acquisition
Steel Hawk secures three-year logistics management contract from PetGas
Padini says 21 bank accounts frozen amid MACC probe

Others Also Read