Project Profile
Value: US$1,300 million
Location: Off Sabah, east Malaysia
Water Depth: 3,281ft/ 1,000m
Recoverable reserves: 300mbbl of oil
Start-up Year: 2014
The Gumusut was discovered in early 2004 and lies in water depths of around 3,281ft (1,000m). It is being jointly developed along with Murphy’s Kakap discovery, with both believed to be part of the same large structure covering three blocks off Sabah, east Malaysia. The recoverable reserves are estimated at over 300m bbl of oil. The development will be via a US$500M semisub Floating Production Unit. 18 subsea christmas trees (xmas trees). There will also be a large subsea oil export pipeline is also proposed as part of the Sabah oil and gas terminal integrated project. The phased development and production is expected to begin at 150,000 bpd of oil gross.
Operators:
Sabah Shell Petroleum Company Ltd.: Operator with 40% interest
ConocoPhillips: 40% interest in Block J
Petronas Carigali Sdn Bhd.: 20% interest in Blocks J and K
Murphy Sarawak Oil Company Ltd.: Operator of Block K with 80% interest
Contractors:
Atwood Oceanics: Drilling contractor
Bredero Shaw: Pipeline coatings
Dockwise: Installation of production facility
FMC Technologies: Subsea production equipment
Hallin Marine: Work on subsea operations vessels
J P Kenny Wood Group: Subsea integration and follow-on engineering
MMHE (Malaysia Marine & Heavy Engineering): Semi-submersible production platform EPC
SapuraAcergy: Pipeline installation EPC
Tanjung Offshore Services Sdn Bhd.: Engineering equipment
Technip: Topside engineering FEED
TORR Canada Inc.: Glycol regeneration
Wah Seong Corporation Berhad: Protection coatings for the pipeline
Wood Group Kenny: Frame agreement to provide subsea, umbilical, riser and flowline (Surf) engineering and construction management services
Petra Energy Berhad: Through its wholly owned subsidiary, Petra Resources Sdn Bhd the Topside Maintenance execution services for the Gumusut Kakap floating production system by Sabah Shell Petroleum Company Ltd. Under the terms of the contract, Petra Energy will provide contract management, site execution and offshore maintenance crew to undertake maintenance activities for the Gumusut Kakap floating production system. The contract is for a period of 14 months beginning April 1, 2015 and expiring on May 31, 2016 and is on a call-out basis – work orders will be issued at the discretion of the client based on standard schedule of rates. The Topside Maintenance Services contract is an addition to the offshore services contract awarded in 2012 by Shell for the Gumusut Kakap project. It was the first deepwater project for Petra Energy.
Sub Contractors:
MISC (Malaysia International Shipping Corporation): FPU vessel and subcontracted construction work for MMHE
TSmarine: Vessel for Acergy