Flow Magazine Volume 3 - Petronas

partnership with Shell Malaysia through the Enhanced Oil ... PETRONAS' LNG business has ..... in offering various training and development programs for ..... Oil and Gas Accounting .... It had two humble classrooms and a small office which.
10MB Sizes 172 Downloads 1335 Views
FIND INSIDE T a b l e

o f

C o n t e n t s

22 3 Editor’s Note Keeping the pioneering spirit aflame

4 News Briefs PETRONAS signs new LNG contracts and other news from the industry

10 Growing with South Sudan

PETRONAS makes its mark on the fast-growing country

SOUTH SUDAN SPECIAL 12 A Vision for the Future South Sudan's Honourable Undersecretary, Ministry of Petroleum and Mining shares his views

14 Sowing for Harvests of Gold

14

29

The fascinating tale of operating in the world's youngest country

20 Strength in Diversity South Sudan's only oil producing company features a unique collaboration among its partners

22 A World of Opportunities A South Sudanese UTP scholar shares his experiences of working in Malaysia

24 Up The Ante South Sudanese workers in the oil and gas sector get a boost

28 Future Ready A rundown school in Juba gets a second chance

COVER We explore PETRONAS' efforts to revitalise the country's oilfields through groundbreaking offshore Enhanced Oil Recovery (EOR) methods in this month's cover feature.

28

1

FIND INSIDE T a b l e

o f

C o n t e n t s

COVER STORY: OFFSHORE EOR 32 A New Frontier

40

PETRONAS takes Enhanced Oil Recovery techniques to new heights

40 Turning the Tide at Tapis Exxon Mobil and PETRONAS pioneer new offshore EOR applications at Tapis

44 A New Lease of Life The 15-year old Angsi field gets a boost in production

46 Business Unusual PETRONAS and Shell think out of the box to squeeze new life into mature fields

MORE FEATURES 52 A Win-Win Partnership Lundin Malaysia focuses on value growth in Malaysia through the PSC scheme

54 Turkmenistan:Policy of Peace and Neutrality Turkmenistan upkeeps peace and harmony

58 First Oil Triumph More oil flows from Turkmenistan

60 Developing Future Talent Cordella Wong-Gillett shares her thoughts on equipping petroleum engineers with the right skills

46 STAY IN TOUCH WITH US Get in with the flow Petroliam Nasional Berhad (PETRONAS) PETRONAS [email protected]

2

AUG / SEP 2015

54

E DIT O R’S NO TE

KEEPING THE PIONEERING SPIRIT AFLAME IT’S a challenging time in the global oil and gas sector, as industry players grapple with the twin threats of sluggish demand and low prices. Yet, at PETRONAS Upstream we have our sights set very much on the long term. Such are pioneers – whose pursuit, perseverance, purpose and passion persist in spite of challenges.

In spite of several periodic shutdowns between 2012 and 2013, PETRONAS and its partners remain committed to building capabilities in South Sudan.

Despite the low price environment, we continue investing in solutions such as Enhanced Oil Recovery (EOR), which seek to boost production from Malaysia’s mature fields and others around the world.

Why? Because we believe that we are A part of the community where we operate, as much as the community becomes A part of us.

In this third issue of flow, we explore PETRONAS’ EOR journey. What started more than a decade ago crossed a major marker recently with the completion and first gas injection of possibly the world’s first large-scale offshore WAG EOR project at the Tapis field located offshore Terengganu in collaboration with ExxonMobil. The costs and complexity of EOR projects have required new thinking and technologies, especially as the economic viability of such endeavours are challenged. Nonetheless, we continue to blaze new trails through a partnership with Shell Malaysia through the Enhanced Oil Recovery Centre (EORC). The initiative which took flight in 2013 between PETRONAS and Shell will spearhead EOR projects under two Production Shari