Shell has started oil production from the Malikai tension-leg platform offshore Malaysia, the company’s second deepwater project offshore the southeast Asian country.
Malikai, located in water depths of up to 500 m, is expected to have a peak production of 60,000 barrels per day, Shell said in a news release.
“The project features a cost-effective platform design and a unique, industry-first set of risers, or pipes that connect the platform to the wells for oil production, which required fewer drilling materials and lower costs,” Shell said.
The Malikai project is a joint venture between Shell (35%, operator), ConocoPhillips Sabah (35%) and PETRONAS Carigali (30%). In 2014, Shell started up the Gumusut-Kakap platform offshore Malaysia.
Recommended Reading
EIA: Oil, Gas Output to Fall Across Lower 48 in February
2024-01-18 - Daily oil and gas output is forecasted to decline from shale basins across the Lower 48 in February—except from the mighty Permian Basin, according to new Energy Information Administration figures.
Exclusive: Chevron Balancing Low Carbon Intensity, Global Oil, Gas Needs
2024-03-28 - Colin Parfitt, president of midstream at Chevron, discusses how the company continues to grow its traditional oil and gas business while focusing on growing its new energies production, in this Hart Energy Exclusive interview.
US Expected to Supply 30% of LNG Demand by 2030
2024-02-23 - Shell expects the U.S. to meet around 30% of total global LNG demand by 2030, although reliance on four key basins could create midstream constraints, the energy giant revealed in its “Shell LNG Outlook 2024.”
ARC Resources Adds Ex-Chevron Gas Chief to Board, Tallies Divestments
2024-02-11 - Montney Shale producer ARC Resources aims to sign up to 25% of its 1.38 Bcf/d of gas output to long-term LNG contracts for higher-priced sales overseas.
Midstream Builds in a Bearish Market
2024-03-11 - Midstream companies are sticking to long term plans for an expanded customer base, despite low gas prices, high storage levels and an uncertain political LNG future.