ExxonMobil Starts Telok Gas Production

ExxonMobil Starts Telok Gas Production

ExxonMobil reported Monday that its Malaysian subsidiary has begun gas production from the Telok field, located offshore Malaysia in the South China Sea.

The Telok A platform marks the first phase of the Telok gas development project. It was developed under a gas production sharing contract between Exxon (the operator), Petronas Carigali (PCSB) and Petronas. ExxonMobil and PCSB each hold a 50-percent interest in the project.

The development of the Telok field has been advanced by these companies in order to meet increasing demand for natural gas in Peninsular Malaysia. It is one of several upstream investments announced under Malaysia's Economic Transformation Programme of 2011 – which will see ExxonMobil and PCSB invest more than $3.2 billion in new oil and gas assets to help ensure reliable and sustainable energy supplies for the country.

ExxonMobil Exploration and Production Malaysia President J. Hunter Farris commented in a company statement:

"The Telok project is another successful example of collaboration between ExxonMobil and PCSB in meeting Malaysia’s growing energy needs for the power and industrial sector.

"ExxonMobil is committed to ensuring reliable gas supplies to the nation and to using international best practices to enhance our operations in Malaysia."


Have a news tip? Share it with Rigzone!
Email news@rigzone.com


Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Malaysia's Icon Offshore Receives $12.... (Nov 25)
 -  Bowleven 'Pleased' with Moambe Flow Te... (Nov 25)
 -  BG: QCLNG Train 2 Commercial Operation... (Nov 25)
 -  Rosneft Posts YOY Income Decrease (Nov 25)
 -  Total to Raise $1.2 Billion of New Deb... (Nov 25)

Most Popular Articles

From the Career Center
Jobs that may interest you
Technical Advisor
Expertise: Petroleum Engineering|Well Intervention
Location: Houston, TX
Provisioning Analyst. Must live in the US
Expertise: Workover or Completion
Location: Oshkosh
Subsea Operator
Expertise: Production Operator
Location: Lafayette, LA
search for more jobs

Brent Crude Oil : $46.12/BBL 0.63%
Light Crude Oil : $42.87/BBL 2.68%
Natural Gas : $2.2/MMBtu 0.45%
Updated in last 24 hours