Project Profile

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Value: US$500 million
Location: Block PM304, offshore Peninsular Malaysia
Start-up Year: Q2 2013
Upstream Daily Oil Production: 45,000 bbl/day

The Cendor oil field is located in block PM304, offshore Peninsular Malaysia. Numerous challenges and uncertainties surround the Cendor field\'s reservoir characteristics. Phase I of the project was undertaken using a cost effective offshore production installation design in order to obtain the necessary production data which will firm up reserve figures and provide the basis for further development.

Phase 2 will include up to three wellhead platforms, designated as WHP-I, WHP-II and WHP-III. WHP-I and WHP-III are wellhead and drilling platforms while WHP-II will be designed as a processing platform, which together with a leased FPSO, will provide the production facilities for the mainly oil project. The FPSO, which will be capable of producing up to 35,000 b/d crude, will be a converted unit.

WHP-I will also replace the existing Mobile Offshore Production Unit, which will be decommissioned from the field. 30 wells including one work-over will be drilled, and the field is expected to reach a peak production of 45,000 b/d.

Operators:

Petrofac 30%
Petronas 30%
KUFPEC 25%
PetroVietnam 15%

Contractors:

DPS: FEED contract

Hallin Marine (company closed down in 2014) : Inspection, repair and maintenance

Kencana Petroleum Berhad: EPC - Wellhead platforms

MISC (Malaysia International Shipping Corporation): FPSO contract

MMHE (Malaysia Marine & Heavy Engineering) (formerly Malaysia Shipyard & Engineering (MSE): FPSO conversion

Proceanic Engineering Services Pte Ltd: Jackup Conversion