Petronas-Shell Makes Fourth Discovery

Thursday, April 14, 2005
CS Mutiara Petroleum Sdn Bhd, a 50/50 joint venture company between PETRONAS Carigali Sdn Bhd and Shell Exploration and Production Malaysia B.V., has made another gas discovery in Block PM301, off the northeast coast of Peninsular Malaysia.

Drilling operations on Bumi South-1 well commenced on 25 February 2005. The exploration well, located in a water depth of 55 m was drilled to a total depth of 1650 m and encountered multiple gas zones. Further technical evaluation is required to determine the reserves.

Bumi South-1 is the fourth discovery in Block PM301, following the recent exploration successes of Bunga Kamelia, Bunga Zetung and Bunga Anggerik. The latest discovery is located about 25 kilometres northwest of the Bunga Anggerik gas field discovered in November 2004.

CS Mutiara Petroleum is currently embarking on technical studies to assess the development options of this cluster of gas discoveries and also has plans to continue with exploration and appraisal activities in the same block. CS Mutiara Petroleum was formed in July 2001 and operates Blocks PM301 and PM302, both located off the northeast coast of Peninsular Malaysia.

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

DNV GL Targets Safer Approach to Subsea Lifting

The completion of a joint industry project (JIP) to improve existing standards and regulations around subsea lifting operations has resulted in a new recommended practice (RP).

Polarcus Awarded 3D Project Off West Africa

Polarcus Limited has signed a letter of intent with Perenco Oil & Gas Gabon S.A. for a 3D marine seismic acquisition project offshore West Africa.   The project,

Boskalis, VolkerWessels Win Offshore Wind Farm Work

Royal Boskalis Westminster N.V., in partnership with Volker Stevin International (VolkerWessels), has been awarded a contract by Iberdrola Renewables Offshore Deutschland

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1058 sec (9 req/sec)