PETRONAS CARIGALI, PTTEP SIGN MOU AND AGREEMENTS FOR BLOCKS SK405B AND SK410B, OFF THE COAST OF SARAWAK

The MoU covers the scope of potential evacuation of production from Block SK405B through D35/D21/J4 Production Sharing Contract (PSC) facilities, Post 1976 Balingian PSC facilities and Bintulu Crude Oil Terminal operated by PETRONAS Carigali.

From left to right – General Manager, Integrated Facilities, Sarawak Asset, Shamsawi Ahmad; General Manager, Production Oil, Sarawak Asset, Bolhi Maskawi; Senior General Manager, Sarawak Asset, Anuar Ismail; Country Manager, PTTEP Malaysia, Kanok Intharawijitr; and Head, Malaysia Greenfield Asset, PTTEP Malaysia, Padsakorn Suwanruji.

PETRONAS Carigali Sdn Bhd (PETRONAS Carigali), a wholly-owned subsidiary of PETRONAS, has signed a Memorandum of Understanding (MoU) and two Technical Assistance Agreements (TAAs) with PTT Exploration and Production (PTTEP) in relation to the development of PTTEP-operated Blocks SK405B and SK410B located off the coast of Sarawak, offshore Malaysia.

Meanwhile, the first TAA covers the study and design works for Block SK405B fields into the same PETRONAS Carigali-operated facilities. The second TAA is for the assistance of engineering design for the potential construction, tie-in works, pipeline and cable crossings of Block SK410B for Lang Lebah’s gas evacuation to the Bintulu Additional Gas Supply Facilities 2, as well as for the potential production and handling of Lang Lebah’s condensate at the Bintulu Integrated Facilities.

With a keen focus on supporting the domestic energy industry, PETRONAS Carigali continues to collaborate with industry partners as part of its deliberate steps in accelerating a sustainable portfolio to produce energy responsibly, in line with PETRONAS’ Net Zero Carbon Emissions by 2050 Pathway.

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