Abu Dhabi-based Mubadala Petroleum has successfully commenced the first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.
With the production going online, the company will now be a key producing field supplying gas to Petronas LNG Complex, in Bintulu, Sarawak.
Mansoor Mohamed Al Hamed, CEO of Mubadala Petroleum, commented: “The Pegaga achievement is a landmark for Mubadala Petroleum. Having taken this project from discovery to development and now into production with the support of Malaysia Petroleum Management (MPM), PETRONAS, our partners and contractors.”
Senior Vice President of MPM, PETRONAS, Mohamed Firouz Asnan said, “Pegaga is a major producer that will contribute towards sustaining Malaysia’s gas supply for many decades to come.”
“The project, which undertook its Final Investment Decision at the time when the oil market was still finding its footing in 2018, demonstrates the confidence that investors have in Malaysia’s upstream industry. The facilities were fully designed and fabricated in the country – implemented during the toughest period caused by the Covid-19 pandemic, underscores the resiliency of the country’s ecosystem,” he added.
Mubadala Petroleum has been present in Malaysia since 2010 and is the Operator of Block SK 320 with a 55 percent interest. Petronas Carigali holds 25 percent, with Sarawak Shell Berhad holding the remaining 20 percent interest.
The Pegaga gas field is located in the Central Luconia province, offshore Sarawak, Malaysia at about a 108-meter water depth. The development concept comprises an Integrated Central Processing Platform (ICPP) consisting of an 8-legged jacket. The facility is designed for a gas throughput of 550 million standard cubic feet of gas per day plus condensate. The produced gas will be evacuated through a new 4 KM, 38-inch subsea pipeline tying into an existing offshore gas network and subsequently to the onshore PETRONAS LNG Complex in Bintulu.
