Project Profile
Value: US$200 million
Startup Month: Q4
Startup Year: 2012
Location: Block PM304, Offshore Malaysia
Block PM304 is located in offshore Peninsular Malaysia. The block includes Cendor and West Desaru blocks. Phase 1 and Phase 2 involves the development of Cendor and Phase 3 involves West Desaru. Petrofac intends to accelerate the development of the West Desaru fault block by introducing an Early Production System, which will involve both utilising current export facilities and also upgrading and deploying a Mobile Offshore Production Unit which is in the process of being purchased.
Operators:
Petrofac: Operator and 30% interest
Petronas Carigali Sdn Bhd.: 25% interest
KUFPEC (Kuwait Foreign Petroleum Exploration Company): 30% interest
PetroVietnam: 15% interest
Contractors:
Aquaterra Energy (Malaysia): Subsea structure contract
Subcontractors:
Ramunia Holdings (Malaysia): Manufacture of wellhead support structures