Royal Dutch Shell plc and the upstream division of Malaysia's national oil and gas company Petroliam Nasional Berhad' (Petronas) Petronas Carigali recently took the final investment decision (FID) to develop E6 field, offshore Sarawak, Malaysia, local news agency Bernama reported Wednesday .
The E6 field, discovered in 1970, will be the last field to be developed under the SK308 Production Sharing Contract (PSC).
The development concept leverages on existing infrastructure by evacuating gas from E6 to the E8 platform located around 10 miles (16 kilometers) away and crude oil to D35 located 41 miles (66 kilometers) away.
“The development of the E6 field further strengthens Shell’s position in Malaysia. It will enable Shell to sustain gas supply to Malaysia LNG Tiga Plant and produce crude oil concurrently by 2017,” Iain Lo, chairman Shell Malaysia said.
Shell Malaysia, which has interests of between 20 and 85 percent in 19 PSCs offshore Malaysia, is operator of the E6 field with 50 percent interest, while the remaining 50 percent share is held by Petronas Carigali.
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