Woodmac: PTTEP’s Malaysia gas find is world’s 7th largest in 2019

Thai PTTEP on Thursday said it had made largest ever gas discovery ever in Malaysia, but came short of providing the estimated size. It said the discovery offshore Sarawak was a “multi-tcf” one. Energy intelligence firm Wood Mackenzie thinks the discovery is the seventh largest global discovery of the year…

Source www.offshoreenergytoday.com

Malaysian operator Hibiscus Petroleum has achieved first oil in the North Sabah PSC located offshore Malaysia.

Hibiscus said on Wednesday that its subsidiary, SEA Hibiscus, drilled and completed the SJ‐105A infill well on July 16, 2019. The well is the first of three infill wells being drilled as part of the St. Joseph infill drilling project in Malaysia under the 2011 North Sabah Enhanced Oil Recovery Production Sharing Contract (North Sabah PSC).

Source www.offshoreenergytoday.com


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