Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Shell announces new gas discovery in Malaysia

29/08/2014 by

W1siziisijiwmtqvmtavmjgvmtuvmtcvndivntcxl2zpbguixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0

The discovery at Marjoram-1 in 800 metres of water in block SK318, follows the discovery of gas last April in the same block at the Netherlands group’s Rosmari-1 well.

Shell upstream international director Andrew Brown said: “Our strategy to expand our heartland areas through technologically advanced exploration is delivering tangible success in deep-water in Malaysia.”

Brown said: “We have a long history in the region, and the addition of new natural gas resources this year ensures we are able to continue to provide cost-effective, reliable, cleaner energy options for the future.”

Block SK318 is operated by Shell with an 85% stake. The remaining 15% is held Petronas Carigali International Sdn Bhd, a subsidiary of the Malaysian government-owned Petronas group.

Rosmari-1 was drilled to a total depth of 2,123 metres, encountering more than 450 metres of gas column, Shell said. The group did not give an estimate of the size of the Marjoram discovery.

According to the Malaysia Petroleum Resources Corporation (MPRC), Malaysia has to date some 28.35 billion barrels of oil (BBOE) reserves and about 1.2 per cent of the world’s natural gas reserves (2.35 trillion cubic metres) of proven reserves. Malaysia has a current production rate of 730,000 barrels per day of crude oil products. 

This article has been extracted from http://www.out-law.com/, please click on this link to read the article in full http://www.out-law.com/en/articles/2014/august/shell-announces-new-gas-discovery-in-malaysia/

Montash is a multi-award winning, global technology recruitment firm. Specialising in permanent and contract positions across mid-senior appointments which cover a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Energy Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.

With offices based in London, Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid-management in permanent and contract roles.

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtyvmtivmdcvmtavmdyvndkvntg0l0vudgvychjpc2ugcmvzb3vyy2ugcgxhbm5pbmcgy29wes5qcgcixsxbinailcj0ahvtyiisijm4mhgxmdajil1d

Infor launches new mobile solution

2016-12-07 09:00:00 +0000

Infor, one of the global leaders in enterprise resource planning (ERP) software, has revealed that it is launching a new mobile solution. The company, which has focused on developing specialised business applications for a variety of industries, unveiled Infor Mobility for Field Service (MFS). The solution is a comprehensive mobility application that can streamline operations for employees working in the field. To ensure that field technicians are provi...

W1siziisijiwmtyvmtivmdyvmdkvmjcvmtavnze4l2nsb3vkihrly2hub2xvz3kgc2vydmljzxmuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

AI continues to infiltrate cloud computing se...

2016-12-06 09:00:00 +0000

With Google and Microsoft both already working on artificial intelligence (AI) software for their cloud services, it has been revealed that Amazon is now to join the battle. The internet giant is to prioritise developing AI for Amazon Web Services (AWS), the division that sells data storage and computing to IT professionals around the world. AWS is currently the fastest-growing division for Amazon, with the past year having seen sales soar by 60 per cen...