Petronas, 2 other firms begin extracting gas from field off Sabah

Output expected to ramp up to 500m standard cubic feet of natural gas per day by April 2015, says M'sian oil giant

Published Thu, Nov 13, 2014 · 09:50 PM

Kuala Lumpur

MALAYSIA'S national oil company, Petroliam Nasional or Petronas, has announced that together with two other international oil firms, it has begun gas production from a Sabah offshore field it discovered in 1994.

In a media statement on Thursday, the oil firm, Malaysia's largest and only Fortune 500 company, said that Kebabangan Petroleum Operating Company (KPOC) had begun extracting gas from its platform sitting atop 140 metres of water off the Sabah coast.

KPOC is a joint operating company comprising Petronas Carigali (40 per cent), ConocoPhillips Sabah Gas Ltd (30 per cent) and Shell Energy Asia Limited (30 per cent). Petronas Carigali is the exploration and pr…

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