Petronas on the march at K5 field off Malaysia

PETRONAS/BLOOMBERG

By TAN HWEE HWEE Singapore

 03 January 2013 23:59 GMT

MALAYSIAN state oil and gas company Petronas has floated a tender for a parallel conceptual study to be carried out on the multi-billion dollar K5 high carbon dioxide gas development that is being carried out jointly with France’s Total off Sarawak.

Petronas and Total teamed up on a 15-month joint study last March to evaluate the carbon dioxide removal, injection and sequestration technologies available to commercially develop the K5 sour gas field.

The project partners are understood to have started internal studies on a proposal to bring the K5 gas to an onshore facility near the Bintulu liquefied natural gas plant for processing.

Treated gas will be sent to the Bintulu LNG facility, while carbon dioxide will be re-exported offshore for injection into a mature oilfield to enhance recovery rates.

However, the onshore solution will…

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