Malaysia

McDermott’s completion comes 19 months after it was first awarded. SapuraOMV achieved first production from the Larak gas field in January.

Malaysia’s push to explore energy blocks off its coast has turned into a five-nation face off involving US and Chinese warships, raising the risk of a direct confrontation as broader tensions grow between the world’s biggest economies.

The VLCCs will be delivered in 2022, with LNG supply provided by Total Marine Fuels Global Solutions.

The XamXung field offshore Sarawak, Malaysia, is a 47-year brownfield with thin remaining oil rims that have made field management challenging. The dynamic oil-rim movement has been a key subsurface uncertainty, particularly with the commencing of a redevelopment project.

A month after it got out of Norway, Bloomberg reports that the company is working with advisers on a potential Malaysian sale, which could raise as much as $3 billion. ExxonMobil plans to divest around $15 billion in nonstrategic assets by 2021.

ABS will classify a new self-elevating platform with a unique triangular monocolumn design from Calm Oceans Pte Ltd.

Energy consultancy Wood Mackenzie estimates the find holds some 2 Tcf of gas, making it this year’s seventh-largest discovery worldwide.

Malaysia’s Petronas, Shell Malaysia, and Thailand’s PTTEP are now in the midst of full-scale digital adoption. The companies are beginning to see results, but none is counting on a “big bang” in development of the technology soon.

The state-owned firm is looking within its home country, around Southeast Asia, and to the Americas—including shale—in an effort to maintain its forecast average yearly production of 1.7 million BOE/D over the next 5 years.

This paper describes challenges faced in a company’s first deepwater asset in Malaysia and the methods used to overcome these issues in the planning stage.