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Old Posted Sep 2, 2021, 3:39 AM
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Shell invests in first offshore wellhead platform in Malaysia
By Azanis Shahila Aman - September 1, 2021 @ 3:01pm



Quote:
KUALA LUMPUR: Royal Dutch Shell plc, through unit Sarawak Shell Bhd, has taken a final investment decision on the Timi gas development project off Sarawak.

The Timi development features Sarawak Shell's first wellhead platform in Malaysia that is powered by a solar and wind hybrid renewable power system.

Shell said it was developing the Timi project, located about 200km)off the coast of Sarawak, jointly with its partners Petronas Carigali Sdn Bhd and Brunei Energy Exploration.

"(We) look forward to delivering the project for Malaysia," the group said in a statement today.

Shell upstream director Wael Sawan said Timi, which is powered by a solar and wind hybrid power system, demonstrated the group's capabilities to innovate and deliver safe, reliable, and sustainable projects.

Sawan said this was in line with Shell's commitment to achieving net-zero emissions by 2050 in step with society.

"Shell is pleased to be able to progress this project in a competitive and responsible manner, as part of the vital role upstream plays in delivering Shell's strategy and in support of economic growth in Malaysia," he said.

Shell Malaysia chairman and senior vice president upstream Malaysia Ivan Tan said Timi reaffirmed Shell's commitment as a partner in powering progress for Sarawak and Malaysia.

The Timi development is designed to reach up to 50,000 barrels of oil equivalent per day (boe/d) peak production.

It will evacuate its gas to the F23 production hub via an 80km pipeline while supporting the future growth in the central Luconia area, off the coast of Sarawak.

The unmanned platform is about 60 per cent lighter than a conventional Tender Assisted Drilling (TAD) wellhead platform.

The project also includes the drilling of two wells.

"As one of the pioneers in building the country's energy industry, Shell Malaysia aims to lead in the country's energy transition by increasing investment in lower carbon energy solutions, while pursuing competitive and carbon resilient upstream investments," it said.
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