Production News in Malaysia

Hibiscus Petroleum Net Production Approximately 20,000 boe per day
5/25/2022 - • Q3 FY2022 EBITDA of RM434.7 million and PAT of RM307.5 million.
• Year to date EBITDA of RM698.3 million and PAT of RM397.6 million, increases of 178% and 635% respectively year-on-year.
EnQuest Provides Operations Update
5/23/2022 - Good production performance year to date; full year guidance remains unchanged

EnQuest Chief Executive, Amjad Bseisu, said:
"EnQuest remains on track to deliver against its 2022 targ...
PETRONAS Welcomes SK Earthon as New Upstream Investor & Operator in Malaysia
4/22/2022 - PETRONAS signed a Production Sharing Contract (PSC) with SK earthon Co., Ltd. (SK earthon) and Petroleum Sarawak Exploration & Production Sdn. Bhd. (PSEP) for Block SK427 off the coast of Sarawak.
Mubadala Petroleum Achieves Pegaga Gas Flow in Malaysia
3/21/2022 - Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has successfully commenced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.

T...
Jadestone Energy Provides 2022 Operating and Financial Guidance
2/10/2022 - Jadestone Energy, an independent oil and gas production company focused on the Asia-Pacific region, has provided its guidance outlook for 2022.

Paul Blakeley, President and CEO commented:
PETRONAS Delivers Solid Half-Year Results, Remains Focused
8/27/2021 - PETRONAS announced a solid performance for the first half of 2021 driven by the Group’s continuous pursuit of operational excellence and fiscal discipline. The Group’s performance was supported by the...
PETRONAS Announces East Cendor Field Achieves First Oil Production
7/30/2021 - PETRONAS is pleased to announce that the East Cendor field in Block PM304 located 140 kilometers offshore Peninsular Malaysia has achieved its first oil production on 23 June 2021. ...
Petronas Awards South East Collins Cluster PSC to Vestigo
4/21/2021 - PETRONAS has awarded the Production Sharing Contract (PSC) for the South East Collins Cluster under the newly introduced Small Field Asset (SFA) PSC terms, to Vestigo Petroleum Sdn. Bhd. (Vestigo).
Petronas Announces First Deepwater Gas Production From Block H
2/16/2021 - PETRONAS confirms first gas production from the Rotan and Buluh fields in Block H, off the coast of Sabah, offshore Malaysia, on 6 February 2021, augmenting Malaysia’s petroleum investment potential.<...
SapuraOMV Announces Bakong First Production from SK408 Gas Fields
9/3/2020 - SapuraOMV Upstream announces stable production from its operated Bakong gas field project under the SK408 Production Sharing Contract (PSC), which was delivered within budget. The production phase sta...
Hibiscus Petroleum Accelerates Plans for Acquisition of Producing Assets
8/24/2020 - Hibiscus Petroleum Berhad (MK) (“Hibiscus Petroleum”) released a Corporate and Business Update outlining the Group’s targets and initiatives as well as operational updates in conjunction with the rele...
Hibiscus Petroleum Encouraged by New Oil Production from North Sabah Fields
2/25/2020 - Hibiscus Petroleum Berhad (HIBI: MK) (Hibiscus Petroleum) released a Corporate and Business Update (the Update) outlining the Group’s targets and initiatives as well as operational updates in conjunct...
SapuraOMV & Partners Announce First Production from SK408 Gas Fields
1/13/2020 - SapuraOMV Upstream announced first production following the start-up at the end of December from its Larak gas field under the SK408 Production Sharing Contract (PSC), which was delivered within budge...
Commencement of Commercial Production of Oil from Layang Field of Block SK10
12/18/2019 - Mr. Hiroshi Hosoi, President and CEO of JX Nippon Oil & Gas Exploration Corporation is pleased to announce that its subsidiary JX Nippon Oil & Gas Exploration (Malaysia) Limited, the Operator of Block...
Sapura Commences Production at the B15 Gas Field Offshore Sarawak
3/22/2018 - Sapura Exploration and Production (Sarawak) Inc., a wholly-owned subsidiary of Sapura Energy Berhad (“SEB”), has commenced production at the B15 field. The B15 gas field development is a maiden gas de...
Octanex's Ophir Field Shut-in Due to Power Issues
1/8/2018 - Octanex has advised that the Ophir field is experiencing a non-routine production shutdown. Production was shut-in following a power trip power trip on the FPSO which triggered a process shutdown on b...
First gas from Layang Field of Block SK10 Offshore Sarawak, Malaysia
6/15/2017 - Mr. Shunsaku Miyake, President and CEO of JX Nippon Oil & Gas Exploration Corporation is pleased to announce that its subsidiary JX Nippon Oil & Gas Exploration (Malaysia) Limited, the Operator of Blo...
PETRONAS to Cut Oil Production by 20,000 bpd
12/21/2016 - Following the pact made in Vienna, Austria on 10 December 2016 between OPEC and non-OPEC producers, PETRONAS will make a voluntary adjustment to Malaysia’s crude oil production starting from January o...
Shell Starts Oil Production from Malikai Platform
12/14/2016 - Shell has started oil production from the Malikai Tension-Leg Platform (TLP), located 100-kilometres off the coast of the Malaysian state of Sabah. Located in waters up to 500-metres deep, Malikai is ...
Startup Of Malikai Oil Field To Boost Malaysia's Kimanis Exports
12/13/2016 - Malaysia is expected to start oil production at the end of December at a deepwater field that could lift February export volumes of key grade Kimanis by 25 percent from January, two sources with knowl...

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