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Shell discovers gas off the coast of Sarawak

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Shell discovers gas off the coast of Sarawak Empty Shell discovers gas off the coast of Sarawak

Post by Cals Tue 26 Aug 2014, 23:16

Shell discovers gas off the coast of Sarawak
Business & Markets 2014
Written by Jonathan Gan of theedgemalaysia.com   
Tuesday, 26 August 2014 16:05

KUALA LUMPUR (Aug 26): Shell has announced gas discovery in its deep water Majoram-1 well, off the coast of Sarawak.

The Marjoram-1 well is located 180 kilometres off the Malaysia coast in Block SK318, in 800 metres of water, according to a media statement released today.

Earlier this year, the oil and gas giant had also discovered oil in its Rosmari-1 well in the same block.

Commenting on the discovery, Mr Andrew Brown, Shell Upstream International Director said, “Our strategy to expand our heartland areas through technologically-advanced exploration, is delivering tangible success in deep-water in Malaysia.”

“We have a long history in the region, and the addition of new natural gas resources this year, ensures we are able to continue to provide cost-effective, reliable, cleaner energy options for the future.” 

Block 318 is operated by Shell with an 85% interest, with the remainder held by Petronas Carigali Sdn Bhd — a unit of national oil firm Petroleum Nasional Bhd.
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