PETRONAS Carigali signs a MoU and two TAAs with PTTEP

PETRONAS Carigali Sdn Bhd (PETRONAS Carigali) has signed a Memorandum of Understanding (MoU) and two Technical Assistance Agreements (TAAs) with PTT Exploration and Production (PTTEP) for the development of PTTEP-operated Blocks SK405B and SK410B located off the coast of Sarawak, offshore Malaysia.

The MoU covers the scope of potential evacuation of production from Block SK405B through D35/D21/J4 Production Sharing Contract (PSC) facilities, Post 1976 Balingian PSC facilities and Bintulu Crude Oil Terminal operated by PETRONAS Carigali.

Meanwhile, the first TAA covers the study and design works for Block SK405B fields into the same PETRONAS Carigali-operated facilities. The second TAA is for the assistance of engineering design for the potential construction, tie-in works, pipeline and cable crossings of Block SK410B for Lang Lebah’s gas evacuation to the Bintulu Additional Gas Supply Facilities 2, as well as for the potential production and handling of Lang Lebah’s condensate at the Bintulu Integrated Facilities.

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