KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) says it has achieved outstanding successes in its exploration and appraisal activities in Peninsular Malaysia and abroad in the first half of 2024.

One notable discovery in Malaysia is the Bekok Deep-1 oil and gas exploration made in May. 

Pegtronas said the Bekok Deep-1 stood out due to its promising well testing results with strong hydrocarbon flow rate. 

"This discovery highlights substantial hydrocarbon potential in this new play, marking a significant milestone in Peninsular Malaysia's energy sector over the past decade," the national oil company said today.

On the international front, Petronas achieved success in Suriname with the Sloanea-2 appraisal well in Block 52, which was drilled in June. 

"This has bolstered Petronas' prospects in the basin and opens the possibility of developing a standalone floating liquified natural gas project at the field in the future," it said.

Petronas is assessing the feasibility of an integrated development strategy for gas and oil extraction within Block 52.

"These breakthroughs reaffirm Petronas' commitment and expertise to providing exceptional value through substantial discoveries in Malaysia and internationally, driven by strategic and innovative approaches," said Mohd Jukris Abdul Wahab, its executive vice president and chief executive officer of upstream.

https://www.nst.com.my/business/corporate/2024/08/1088457/petronas-says-achieved-outstanding-successes-malaysia-abroad