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Maersk Drilling Confirms Long-Term Drillship Contract with Tullow Oil
April 18, 2021

Maersk Drilling Confirms Long-Term Drillship Contract with Tullow Oil
Oil & Gas | Energy Facts Staff Writer | 4min
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PETRONAS today announced a new oil and gas discovery in the Sirung-1 wildcat exploration well of Block SK405B Production Sharing Contract (PSC), located in the shallow waters of Balingian Province, about 237 kilometres off the coast of Miri, Sarawak, Malaysia. The Sirung-1 exploration well was successfully drilled to a total depth of 2,538 metres in February 2021. The discovery of significant oil and gas column – exceeding 100 metres within the Oligocene to Middle Miocene sandstone reservoirs – further validates the potential of Balingian Province, with remaining prospects yet to be explored. PTTEP Sarawak Oil Limited as the operator holds 59.5 per cent, MOECO Oil (Sarawak) Sdn Bhd holds 25.5 per cent and PETRONAS Carigali Sdn Bhd, a subsidiary of PETRONAS, holds the remaining 15 per cent participating interest in Block SK405B. The PSC was signed in November 2017 as a result of the Malaysia Bid Round (MBR) 2015. PETRONAS Vice President of Exploration, Upstream, Emeliana Rice-Oxley said: “The Sirung-1 discovery further proves the presence of oil, especially in the under-explored deeper play within the Balingian Province. This came after similar success in an infill well at D18 Field. We are well-positioned to pursue a similar play in the other two neighbouring blocks in the same province, namely Blocks SK411 and SK306. As such, developing this block and other surrounding areas remains an integral part of PETRONAS and our partners’ long-term growth plans. “We are very encouraged by the continued success with our partners on the consecutive discoveries this year in Malaysia and remain optimistic in our exploration activities for 2021,” she added. For MBR 2021, PETRONAS is offering 13 new opportunities in the prolific basins of Malaysia which are also accompanied by enhanced fiscal and non-fiscal terms. This initiative is part of PETRONAS’ continuous efforts to grow with its partners in Malaysia.
April 11, 2021

Petronas Announced New Oil and Gas Discovery at Offshore Block SK405B
Oil & Gas | Energy Facts Staff Writer | 4min
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Maersk Drilling Maersk Reacher
April 8, 2021

Maersk Drilling Secures Nine-Month Contract for Maersk Reacher in Norway
Oil & Gas | Energy Facts Staff Writer | 5min
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Significant Oil Discovery Close to the Fram Field in the North Sea
April 1, 2021

Significant Oil Discovery Close to the Fram Field in the North Sea
Oil & Gas | Energy Facts Staff Writer | 3min
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Maersk Drilling Secures one-well Contract to Reactivate Maersk Resolute
March 19, 2021

Maersk Drilling Secures one-well Contract to Reactivate Maersk Resolute
Oil & Gas | Energy Facts Staff Writer | 4min
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Odfjell Drilling Deepsea Stavanger
March 13, 2021

Odfjell Drilling Signs Contract with Lundin Energy Norway
Oil & Gas | Energy Facts Staff Writer | 2min
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Neptune Energy Commences Dugong Appraisal Drilling
March 9, 2021

Neptune Energy Commences Dugong Appraisal Drilling
Oil & Gas | Energy Facts Staff Writer | 3min
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CNOOC Announces Large-sized Oil & Gas Discovery of Bozhong
March 6, 2021

CNOOC Announces Large-sized Oil & Gas Discovery of Bozhong
Oil & Gas | Energy Facts Staff Writer | 3min
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PETRONAS Makes Oil Discovery in East Java, Indonesia
March 1, 2021

PETRONAS Makes Oil Discovery in East Java, Indonesia
Oil & Gas | Energy Facts Staff Writer | 4min
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Maersk Drilling Secures One-Well Extension for Low-Emission Rig with Equinor
February 27, 2021

Maersk Drilling Secures One-Well Extension for Low-Emission Rig with Equinor
Oil & Gas | Energy Facts Staff Writer | 3min
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February 10, 2021

Equinor and Partners Made First Discovery this Year Near the Troll Field
Oil & Gas | Energy Facts Staff Writer | 10min
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Video Neptune Energy Commences Seagull Drilling Campaign
February 3, 2021

Neptune Energy Commences Seagull Drilling Campaign
Oil & Gas | Energy Facts Staff Writer | 3min
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