EnQuest joins Petronas in offshore Malaysia block

Petronas has assigned EnQuest an 85% operated interest in the production-sharing contract for block PM409.

Block PM409 adjoins the company’s Seligi field production hub offshore Malaysia.
Block PM409 adjoins the company’s Seligi field production hub offshore Malaysia.
(Courtesy EnQuest)

Offshore staff

LONDONPetronas has assigned EnQuest an 85% operated interest in the production-sharing contract (PSC) for block PM409.

The 1,700-sq km (656-sq mi) concession is offshore Peninsular Malaysia in water depths of 70-100 m (229-328 ft) and in a proven hydrocarbon area containing various undeveloped discoveries.

It is also contiguous to EnQuest’s PM8/Seligi PSC, providing potential tieback opportunities to the company’s Seligi field production hub.

During the initial four-year exploration term, the company and partner Petronas have committed to drilling one well.

12/04/2019

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