ExxonMobil
invests in Malaysia gas compression platform
Posted: 12 April 2004
Exxon Mobil Corporation subsidiary, ExxonMobil Exploration and
Production Malaysia Inc (EMEPMI), is continuing its long-term investment
in Malaysia by moving forward with the construction of the Guntong
E gas compression platform.
EMEPMI is operator of the Gas Production Sharing Contract (GPSC)
with joint-venture partner PETRONAS Carigali Sdn Bhd PETRONAS. Both
hold a 50 per cent interest in the GPSC.
"As the largest supplier of natural gas to Peninsular Malaysia,
ExxonMobil's investment in this project and partnership with PETRONAS
exemplifies our commitment to this region," said Stuart McGill,
president of ExxonMobil Production Company. "Our company's
long-term focus is to help meet the world's energy needs, and one
of the ways we do this is by increasing natural gas production in
our geographically diverse portfolio."
The Guntong E platform will be located about 130 miles off the
east coast of Peninsular Malaysia. The facility will consist of
an eight-leg jacket and modules for gas receiving, separation, dehydration
and compression. Three large turbine-driven compressor trains will
handle 540 million cubic feet of gas and 30,000 barrels of condensate
per day. Production will flow to shore using existing pipelines.
Guntong E is scheduled to be fabricated in Malaysia and installed
offshore by third quarter 2005. Upon startup in 2006, Guntong E
will form the hub for offshore gas production from several fields.
The Guntong Hub is expected to process four trillion cubic feet
of gas for sale in Peninsular Malaysia.
The Guntong E development is the first phase of the Guntong Hub
development, which will involve new drill wells, workover of existing
wells, satellite platforms, inter-field pipelines and retrofit of
existing platforms.
EMEPMI, a subsidiary of Exxon Mobil Corporation, is the largest
oil producer in Malaysia and the largest supplier of gas to Peninsular
Malaysia. In 2003, EMEPMI produced approximately 270,000 barrels
of liquids and 1.5 billion cubic feet of gas per day.
For more information see www.exxonmobil.com
Posted by Richard Price,
Editor Pipeline Magazine
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