KUALA LUMPUR, 3 October 2022 – PETRONAS is pleased to announce that the Gumusut-Kakap (GK) Phase 3 deepwater development project, off the coast of Sabah, Malaysia has achieved its first oil production on 31 July 2022.
Sabah Shell Petroleum Co. Limited (SSPC) is the operator of the GK project, in partnership with PETRONAS Carigali Sdn Bhd, ConocoPhilips Sabah Limited, PTT Exploration and Production Public Company Limited, and PT Pertamina Malaysia Eksplorasi Produksi.
Two new oil producer wells and two water injector wells were drilled. Once fully completed in Q1 2023, the four wells will add around 25,000 barrels per day to GK’s existing production capacity.
PETRONAS Senior Vice President of Malaysia Petroleum Management (MPM), Mohamed Firouz Asnan said, “The delivery of new production from GK Phase 3 represents yet another milestone in the development of this world-class field, further unlocking its full potential.
“We are very proud of the tremendous efforts of our petroleum arrangement contractors including our service providers who, with the strong support by the Sabah State Government, managed to overcome the challenges faced by the project especially during the height of the pandemic. It is a real testament of the resilience of the local oil and gas ecosystem.”
"Whilst the shallow inboard areas continue to underpin the country’s production, the future lies in the deepwater plays which makes up a quarter of our offshore acreages," he added.
PETRONAS, through MPM, manages petroleum arrangements in Malaysia and provides stewardship on upstream petroleum activities. For more information on investment opportunities in Malaysia, please visit https://www.petronas.com/mpm/.