KUALA LUMPUR: Sapura Energy Bhd (Sapura Energy) will commence production at the B15 field offshore Sarawak with the first gas milestone achieved within two years of the sanction of its field development plan (FDP).
“This milestone achievement at B15 was achieved on schedule and within budget. Sapura E&P (Sapura Exploration and Production (Sarawak) Inc) has made significant gas discoveries over the past two years.
“The development plans for these discoveries are progressing well and should come on stream over the next two to five years.
“Once fully developed we expect Sapura E&P to be a significant supplier of natural gas to the Bintulu MLNG complex,” said its president and chief executive officer Tan Sri Shahril Shamsuddin.
Sapura Energy, via its wholly-owned subsidiary Sapura E&P, is the operator of the SK310 PSC with a 30 per cent stake and partners with Petronas Carigali Sdn Bhd at 40 per cent and Diamond Energy Sarawak Sdn Bhd, a subsidiary of Mitsubishi Corporation at 30 per cent.