Limbayong is an oil and non-associated gas field located 120 km offshore Sabah in water depths of between 900 and 1200 m. The field consists of 10 deepwater wells which tie back to the project’s FPSO unit while the subsea system is made up of SURF.
The project will pave the way for the development of the surrounding prospects within 18 to 30 km of its vicinity.
Petronas' Executive Vice President and CEO of Upstream, Adif Zulkifli, said: “The Limbayong project is aligned with PETRONAS’ three-pronged growth strategy to expand our resource base. We hope the project, which is PCSB’s first deepwater development undertaking in Malaysia, will give confidence and invite potential investors to collaborate further in maturing the country’s deepwater resources. Apart from monetisation, Limbayong will be a platform to enhance our internal capabilities in preparing for the next deepwater projects not only in Sabah but also in other regions.”
Read the latest issue of Oilfield Technology in full for free: Issue 1 2021
Oilfield Technology’s first issue of 2021 begins with a look at US tight oil’s prospects this year. The issue then moves on to cover completions technology, production forecasting, electric fracturing, sand recovery and more.
Exclusive contributions come from Rystad Energy, Archer, Weatherford, Halliburton, CGG, NOV, TETRA Technologies, Clariant and more.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/01062021/petronas-awards-limbayong-surf-contract-to-technipfmc/
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