PETRONAS announces that oil production from Tanjong Baram Field has commenced on 18 August 2015.
In a statement, PETRONAS said that the field is operated under a Risk Service Contract (RSC) with EnQuest Petroleum Development Malaysia Sdn Bhd as its operator in partnership with a local Malaysian company Uzma Energy (Sarawak) Sdn Bhd.
Tanjong Baram is the fifth RSC that has achieved oil production after Berantai, Balai Cluster, Kapal Banang Meranti (KBM) Cluster and Tembikai.
The Tanjong Baram Field is estimated to produce an average 2,000 barrels of oil per day.
The field is located offshore the coast of Miri in the state of Sarawak, Malaysia.
The development consists of a lightweight and unmanned platform with production tied in to PETRONAS Carigali Sdn Bhds (PCSB) West Lutong Drilling Platform A (WLDP-A) complex via a flexible production pipeline.
"This achievement marks another successful milestone in RSC projects to PETRONAS," said PETRONAS Vice President of Malaysia Petroleum Management, Muhammad Zamri Jusoh.
To date, PETRONAS has awarded six RSCs namely: the Berantai field to Petrofac and Sapura Kencana Petroleum Bhd in January 2011; the Balai Cluster offshore Sarawak to a consortium comprising Roc Oil Malaysia (Holdings) Sdn Bhd, Dialog Group Bhd and E&P Venture Solutions Sdn. Bhd. in August 2011; the KBM cluster to Coastal Energy KBM Sdn Bhd in June 2012; the Tembikai Chenang cluster to VESTIGO Petroleum in October 2013; the Tanjong Baram field to EnQuest Petroleum Developments Malaysia Sdn Bhd and Uzma Energy Venture (Sarawak) Sdn Bhd in March 2014; and Ophir field to Ophir Production Sdn Bhd, a joint venture company between Octanex Pte Ltd, Scomi D&P Sdn Bhd and VESTIGO Petroleum Sdn Bhd in June 2014.
Bernama
Wed Jan 06 2016
The Tanjong Baram Field is estimated to produce an average 2,000 barrels of oil per day-Astro AWANI Photo
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM
This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film
'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Man charged with mother's murder, storing body in freezer
The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Abolition of examination in schools to reduce pressure on pupils - Fadhlina
The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Google, Meta urge Australia to delay bill on social media ban for children
Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Judge tosses Trump 2020 election case after prosecutors' request
It represents a big legal victory for Donald Trump, who won the Nov. 5 US election and is set to return to office on Jan. 20.
DHL plane crash in Lithuania leaves authorities searching for answers
Rescue services said the plane hit the ground, split into pieces and slid over 100 metres (110 yards).
National squad to hold friendly matches for 2025 Indoor Hockey World Cup
The warm-up matches will involve matches against better ranked teams in the world, namely Austria (first) and Belgium (third).
G7 seeks unity on ICC arrest warrant for Netanyahu
The United States, part of the G7, has rejected the ICC decision, with President Joe Biden describing it as outrageous.
Francissca Peter remembers Tan Sri Ahmad Nawab: A tribute to a musical legend
A legend who has influenced our music for decades, was one of the highlights of my career, says Francissca Peter.
TikTok decision coming soon as Jan. 19 divestment deadline looms
Judges are reviewing TikTok's challenge to a law requiring ByteDance to sell its US assets by Jan. 19 or face a ban.
Lebanese sources: Biden, Macron set to announce Israel-Hezbollah truce
In Washington, White House national security spokesperson John Kirby said, "We're close" but "nothing is done until everything is done".
PM meets chaebol tycoon to attract more FDI to Malaysia
Chaebols are prominent figures from South Korea's family-owned conglomerates.
Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry
The implementation of the RON95 subsidy in 2025 is expected to provide savings of RM3.6 billion to government expenditure.
Ringgit opens lower as greenback gains ground
Dr Mohd Afzanizam says the market responded positively to news of hedge fund manager Scott Bessent heading the US Treasury Department.
Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today
Also among the highlights, UNICEF report on 12.3pct of teenagers in Klang Valley's PPR face mental health issues and suicidal tendencies.
UN Resolution 1701, cornerstone of any Israel-Hezbollah truce
Here are the resolution's main terms, and a note about subsequent violations and tensions.
Record aid worker deaths in 2024 in 'era of impunity', UN says
So far this year there have been 281 aid worker victims, according to the Aid Worker Security database.
Why India's toxic farm fire counting method is disputed
Here's how India counts farm fires - a major contributor to severe pollution in the north - and why its method is being questioned.
Divisions on curbing plastic waste persist as UN treaty talks begin
South Korea is hosting the fifth and ostensibly final UN Intergovernmental Negotiating Committee (INC-5) meeting this week.