PETRONAS has reported significant achievements in its exploration and appraisal activities both in Peninsular Malaysia and internationally during the first half of 2024.
A noteworthy discovery in Malaysia is the Bekok Deep-1 oil and gas exploration, which took place in May. This discovery is particularly notable due to its promising well testing results, indicating a strong hydrocarbon flow rate. The find emphasises substantial hydrocarbon potential in this new play, marking a significant milestone in Peninsular Malaysia’s energy sector over the past decade.
On the international stage, PETRONAS has made strides in Suriname with the successful drilling of the Sloanea-2 appraisal well in Block 52 in June. This achievement enhances PETRONAS’ prospects in the basin and paves the way for the potential development of a standalone Floating Liquefied Natural Gas (FLNG) project at the field in the future.
Currently, PETRONAS is evaluating the feasibility of an integrated development strategy for gas and oil extraction within Block 52.
According to Mohd Jukris Abdul Wahab, executive vice president and chief executive officer of upstream at PETRONAS, these breakthroughs reaffirm the company’s commitment and expertise in delivering exceptional value through significant discoveries both in Malaysia and globally, driven by strategic and innovative approaches. He further stated that these milestones highlight PETRONAS’ ongoing initiatives to enhance exploration efforts in targeted focus regions and pursue sustainable resource replenishment.
PETRONAS continues to focus on leveraging advanced exploration technologies to ensure the provision of cost-effective and reliable energy amid the rapid energy transition.
For more information visit www.petronas.com/europe
