Shell invests in Phase 2 of Malikai deep water project
Jan 12, 2020
Additional oil producing and water injector wells to enhance expected recoverable oil volumes
Kota Kinabalu – Sabah Shell Petroleum Company Ltd, the operator of the Malikai Tension-Leg Platform (TLP) located offshore Sabah, is investing in a second phase of the Malikai deep water development. The project, which involves the drilling of two additional oil producing wells and four water injection wells to enhance Malikai’s expected recoverable oil volumes, is part of Shell’s continued investment in the country’s deep water potential and is expected to contribute to Malikai’s production in the second quarter of 2021. The development deploys the same single-combo riser technology that was used for the first time during Malikai Phase 1.
“Since coming online in 2016, the Malikai TLP project has allowed Shell to play an active role in helping Sabah and Malaysia develop their deep water resources and related service industries,” said Simon Durkin, Vice-President, Malaysia Upstream. “Projects such as these demonstrate our ability to fully leverage our existing infrastructure to unlock value,” he added.
The Malikai TLP project is a joint venture between Shell (35%, operator), ConocoPhillips Sabah Ltd (35%) and PETRONAS Carigali Sdn Bhd (30%).
Shell has a leading deep-water portfolio with an exciting development funnel and strong exploration acreage in the US Gulf of Mexico, Brazil, Nigeria and Malaysia heartlands, as well as in emerging offshore basins such as Mexico, Mauritania and the Western Black Sea.
Shell is a global leader in power, energy, and gas technology and is working to meet increasing energy demand and supply challenges by delivering smarter products and cleaner energy, infrastructure, and by developing new energy sources while addressing the impact on the environment. Malaysia is one of Shell’s heartlands. The history of Royal Dutch Shell in Malaysia started more than 125 years ago. Shell currently has a strong market presence in the upstream and downstream sector in Malaysia.
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