Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has commenced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia
This milestone marks the safe and successful culmination of a challenging gas project, during a period in which Mubadala Petroleum navigated the challenges of the global pandemic. As a key strategic development for the local energy sector, Pegaga will be a key producing field supplying gas to Petronas LNG Complex, in Bintulu, Sarawak, Malaysia.
Mansoor Mohamed Al Hamed, CEO of Mubadala Petroleum, commented, “The Pegaga achievement is a landmark for Mubadala Petroleum. Having taken this project from discovery to development and now into production with the support of Malaysia Petroleum Management (MPM), Petronas, our partners and contractors, this demonstrates our deep capabilities, resilience and commitment as an energy provider.”
Petronas senior vice-president of Malaysia Petroleum Management, Mohamed Firouz Asnan said, “The project, which undertook its Final Investment Decision at the time when the oil market was still recovering in 2018, demonstrates the confidence of investors in Malaysia’s upstream industry.”
The Pegaga gas field is located in the Central Luconia province, offshore Sarawak, Malaysia at about 108-metre water depth. The development concept comprises of an Integrated Central Processing Platform (ICPP) consisting of an 8-legged jacket. The facility is designed for gas throughput of 550 million standard cubic feet of gas per day plus condensate.