PETRONAS has achieved outstanding successes in its exploration and appraisal activities in both Peninsular Malaysia and internationally during the first half of 2024.
The oil and gas major has achieved success offshore Suriname with the Sloanea-2 appraisal well in Block 52, which was drilled in June.
This accomplishment has bolstered PETRONAS’ prospects in the basin and opens the possibility of developing a standalone Floating Liquified Natural Gas (FLNG) project at the field in the future.
PETRONAS is currently assessing the feasibility of an integrated development strategy for gas and oil extraction within Block 52. The company operates the offshore area in partnership with ExxonMobil.
Additionally, the Bekok Deep-1 oil and gas discovery made in May stands out due to its promising well testing results, which demonstrate a strong hydrocarbon flow rate. This discovery highlights substantial hydrocarbon potential in this new play, marking a significant milestone in Peninsular Malaysia’s energy sector over the past decade.
“We are extremely pleased with these breakthroughs, as they reaffirm PETRONAS’ commitment and expertise to providing exceptional value through substantial discoveries in Malaysia and internationally, driven by strategic and innovative approaches,” said PETRONAS executive vice-president and chief executive officer of Upstream, Mohd Jukris Abdul Wahab.
PETRONAS reveals oil and gas successes in first half of year
