PTTEP HK Offshore Ltd. and PTTEP Sarawak Oil Ltd., prominent players in the oil and gas sector, have confirmed fresh discoveries in three offshore fields in Sarawak, Malaysia. This provides a significant boost to the energy reserves in the region, marking a key milestone in the continued exploration and production activities of these companies.
1. PTTEP HK Offshore Ltd. and PTTEP Sarawak Oil Ltd. have confirmed discoveries in three offshore fields in Sarawak, Malaysia.
2. The fresh discoveries significantly boost the energy reserves in the region, marking a milestone in the companies' exploration and production activities.
3. The discoveries were made in the Lang Lebah-2, Sirung-1 and Lukut-1 fields in the SK410B block of Sarawak.
4. The companies successfully conducted extensive exploration and appraisal activities in these offshore sites.
5. The exploration found substantial reserves of hydrocarbon, marking a significant step for the companies in their endeavor to expand their footprint in the Malaysian offshore industry.
As a result of the new discoveries, PTTEP HK Offshore Ltd. and PTTEP Sarawak Oil Ltd. increased the energy reserves in Sarawak, Malaysia by a notable 252 million barrels of oil equivalent.
The discoveries were made in the Lang Lebah-2, Sirung-1 and Lukut-1 fields located in the SK410B block of Sarawak, Malaysia. PTTEP HK Offshore Ltd. and PTTEP Sarawak Oil Ltd. successfully conducted extensive exploration and appraisal activities in these offshore sites. The exploration found substantial reserves of hydrocarbon, marking a significant step for the companies in their endeavor to expand their footprint in the Malaysian offshore industry.