Mubadala Petroleum, Abu Dhabi, expects production to begin by the first quarter of 2021 from Pegaga natural gas field offshore Malaysia.
The company and its partners will develop the field with an integrated central processing platform on an 8-legged jacket designed for 550 MMscfd of gas plus condensate.
Produced fluids will move through a new 38-in. subsea pipeline linked to an existing system for transport to the Malaysia LNG plant in Bintulu.
The field is in 108 m of water on Block SK 320 in Central Luconia province off Sarawak.
Mubadala, operator with a 55% interest, state-owned Petronas Carigali, with 25%, and Sarawak Shell Bhd., with 20%, expect to invest more than $1 billion in the project.
Mubadala let a contract for engineering, procurement, construction, installation, and commissioning to Sapura Fabrication Sdn. Bhd.
Pegala is one of three discoveries made during 2013-14 on the block. Others are Sirih and Sintok (OGJ Online, June 23, 2014).