FPSO starts up for North Malay basin work

The modified and renamed Perisai Kemelia floating production, storage, and offloading vessel has completed start-up and commissioning in an early-production program by Hess Exploration & Production BV in the North Malay basin offshore Peninsular Malaysia, reports EOC Ltd., the contractor.

Hess is developing nine gas fields on Gulf of Thailand Block PM302 and exploring Blocks PM325 and PM326B, which it operates under production-sharing contracts from state-owned Petronas in a 50-50 partnership with Petronas Carigali Sdn. Bhd. (OGJ Online, June 21, 2012).

The early-production target rate is 100 MMscfd. Full-field production is to be about 300 MMscfd, according to Petronas. Liquids output rates haven’t been reported.

Hess has committed to acquire seismic data and drill exploratory wells on the North Malay blocks.

Hess also holds a 50% working interest in Block PM301, which produces gas processed under a unitization agreement on the Cakerawala Platform on Block A-18 in the Malay/Thai Joint Development Area adjacent to the North Malay basin blocks to the north. PM301 is on the JDA-Malay boundary, enclosed by PM302.

The FPSO previously was named Lewek Arunothai. Modifications for the North Malay work included the addition of an external turret mooring system able to withstand cyclones.

EOC in August sold its 51% equity interests in Emas Victoria (L) Bhd., which owns the FPSO, and in Victorial Production Services Sdn. Bhd., which operates it, to Perisai Production Holdings Sdn. Bhd. for consideration worth $89.25 million, including shares in Perisai’s parent company and a 49% equity interest in SJR Marine (L) Ltd.

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