Petronas Carigali Makes 6 Oil And Gas Discoveries in Sarawak

The drilling arm of national oil giant Petronas, Petronas Carigali said it has made six oil and gas discoveries in five blocks off the coast of Sarawak, Malaysia.

The Gedombak well in Block SK306 and the Mirdanga well in Block SK411 (in the Balingian province), the Sinsing well in Block SK313, the Machinchang and Pangkin wells in Block SK301B, and the Kalung Emas well in Block SK315 (in the West Luconia province), stem from new and existing group of oil fields and exhibit low levels of contaminants.

The company said the discoveries were achieved on the back of an intensive domestic exploration drilling campaign commenced in late 2022 that had also led to the discovery that year of Nahara-1 in Block SK306, a significant oil discovery within the last decade.

Executive Vice President and CEO of Upstream, Datuk Adif Zulkifli said, “This string of successful discoveries clearly shows the still untapped exploration potential of Malaysia’s basins, waiting to be discovered by companies who are willing to adopt new and innovative ways.   

“We hope these will provide the impetus for more companies  to participate and invest in Malaysia’s Upstream sector, especially in the exploration front,” he added

This achievement was made possible due to Petronas Carigali’s innovative clustered exploration approach, a unique style of prospecting suited for highly matured geological provinces. Vice President of Exploration, Mohd Redhani Abdul Rahman said, “These discoveries are the result of our exploration teams’ willingness to challenge norms and defy long-standing dogmas. We are highly encouraged by our early success and will continue enhancing our efforts.”

Previous articleForeign Buying Of MGS Bond Resilient In June: RAM
Next articleRinggit Decline Has Not Propelled Inflation: Rafizi

LEAVE A REPLY

Please enter your comment!
Please enter your name here