Daily Newsletter

30 August 2023

Daily Newsletter

30 August 2023

Shell commences production from Timi field offshore Malaysia

Timi is a sweet gas field and was discovered in 2018.

Shivam Mishra August 29 2023

Sarawak Shell Berhad (SSB), a unit of energy major Shell, has commenced gas production at the Timi platform, offshore Malaysia.

Discovered in 2018, Timi is a sweet gas field that comes under the SK318 production sharing contract.

Timi is situated approximately 202km north-west of Miri and 252km north-west of Bintulu, both in Sarawak.

At its peak, Timi is expected to produce up to 50,000 barrels of oil equivalent per day of gas, which will be transported to the F23 production hub via a brand-new 80km pipeline.

With a 75% stake, SSB is the operator of the Timi platform, while the other two partners are PETRONAS Carigali and Brunei Energy Exploration, holding 15% and 10% stake, respectively.

According to Shell, Timi has the country’s first wellhead platform powered by a solar and wind hybrid power system.

Due to approximately 60% less weight than a typical tender-assisted drilling wellhead platform that depends on oil and gas for power, this unmanned platform is also more cost-effective, the oil and gas company added.

Shell integrated gas and upstream director Zoe Yujnovich said: “Timi demonstrates we are delivering more value with less emissions. Bringing the project online is also an example of our focus on performance, discipline and simplification. It shows our ability to innovate and deliver safe, reliable and sustainable projects that support a balanced energy transition for Malaysia.”

Last week, it was reported that Shell is looking to sell its Singapore-based Bukom oil refinery as part of a strategic business review.

Quantum computers could transform oil and gas research

Although quantum computing is still in the R&D stage, its potential use cases in the oil and gas industry are numerous and are likely to expand. Oil majors, such as BP and ExxonMobil have joined IBM’s Q Network to develop quantum computers that will increase the understanding of subsurface geology. Companies are also looking at these computers to study molecular modeling and emission mitigation. Besides, the long-standing problems of matching demand with production and optimizing supply chains could be solved using quantum computing.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close