Malaysian Government-backed energy giant Petronas has announced that its wholly-owned subsidiary Petronas Carigali made six oil and gas discoveries.
The resources were discovered in five blocks offshore of Sarawak, Malaysia.
Petronas Carigali discovered oil and gas in the following wells: the Gedombak well in Block SK306, the Kalung Emas well in Block SK315, the Machinchang and Pangkin wells in Block SK301B, the Mirdanga well in Block SK411 and the Sinsing well in Block SK313.
According to Petronas, these finds have low levels of pollutants and come from both new and old oil fields.
Petronas executive vice-president and CEO of upstream Datuk Adif Zulkifli said: “This string of successful discoveries clearly shows the still-untapped exploration potential of Malaysia’s basins, waiting to be discovered by companies who are willing to adopt new and innovative ways.
“We hope these will provide the impetus for more companies to participate and invest in Malaysia’s upstream sector, especially in the exploration front.”
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By GlobalDataThese discoveries were made as a result of the domestic exploration drilling initiative that started in late 2022. The campaign also led to the discovery of Nahara-1 in Block SK306.
Petronas vice-president of exploration Mohd Redhani Abdul Rahman said: “These discoveries are the result of our exploration teams’ willingness to challenge norms and defy long-standing dogmas. We are highly encouraged by our early success and will continue enhancing our efforts.”
Earlier it was reported that by 2024, the state-backed company’s domestic oil and gas output is anticipated to reach a peak of more than two million barrels of oil equivalent per day.