Lundin Petroleum finds oil offshore Malaysia

Lundin Petroleum finds oil offshore Malaysia

Kuala Lumpur: Lundin Petroleum has announced that its wholly owned subsidiary Lundin Malaysia has achieved first oil from the Bertam field offshore Malaysia.

The Bertam field has been developed with a wellhead platform adjacent to a spread-moored FPSO in a water depth of 246 feet.

The remaining wells will be drilled sequentially later this year. The facilities should be operating at the plateau rate of 15,000 b/d by the end of 2015.

Lundin Malaysia is the operator with a 75% working interest and Petronas is a partner with a 25% working interest.

“Bertam is our first development project in Malaysia and as such we are very pleased to have achieved first oil safely, on schedule and within budget,” said Ashley Heppenstall, president and ceo of Lundin Petroleum.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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