Gulf Oil and Gas accountACCOUNT

Shell to co-develop deepwater Gumusut-Kakap field offshore Malaysia

Source: www.gulfoilandgas.com 1/30/2008, Location: Asia

Shell announced that Final Investment Decision has been taken to jointly develop the Gumusut-Kakap field, located in deepwater, offshore Sabah, Malaysia. Sabah Shell Petroleum Company will be operator of the development, which will employ the regionís first deepwater Floating Production System (FPS), with a processing capacity of 150,000 barrels of oil per day. The field, which is in waters up to 1,300 metres deep in blocks J and K, will be developed using 19 subsea wells with oil exported via a pipeline to a new oil and gas terminal, which will be built in Kimanis, Sabah.

The Gumusut and Kakap fields were combined into a single development under a Unitisation and Unit Operating Agreement signed by the co-venturers in 2006. Shell and ConocoPhillips Sabah Ltd each hold 33% interests in the development, PETRONAS Carigali has 20% and Murphy 14%.

Offshore Construction News in Malaysia >>

Russia >>  2/17/2020 - Gazprom Neft is expanding its production and sale of MARPOL-compliant environmentally-friendly marine fuels ó the companyís Omsk Refinery having been ...
India >>  2/5/2020 - Rosneft Oil Company and Indian Oil Corporation Limited (IOCL) signed a contract to supply up to 2 million tonnes of oil to India via the port of Novor...

Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


Malaysia Oil & Gas 1 >>  2 | 3 | 4 | 5 |

More News

Related Links

AZ BD BN CN GE HK ID IN IR JP KH KR KZ MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.