LNG giant Shell has taken a final investment decision on its Timi gas development located 200 kilometers off the coast of Sarawak, Malaysia.
Sarawak Shell Berhad (SSB), a unit of the Hague-based firm and the operator holding 75 percent equity in Timi, will develop the project as part of the SK318 production sharing contract. The other two partners are Petronas Carigali with a 15 percent stake and Brunei Energy Exploration with the rest.
Timi sweet gas field is located at about 252 km north-west of Bintulu, Sarawak, the home of the Petronas-operated-LNG complex.
The development features SSB’s first wellhead platform in Malaysia that would get power by a solar and wind hybrid renewable power system, according to Shell.
“The Timi development concept supports Shell’s commitment towards providing cleaner energy solutions by adopting a solar and wind hybrid power generation system instead of conventional power generation systems that rely mainly on hydrocarbon combustion,” the firm said.
Moreover, this unmanned platform is about 60 percent lighter than a conventional tender assisted drilling (TAD) wellhead platform. Also, this project includes the drilling of two wells.
Shell says the Timi development would reach up to 50,000 barrels of oil equivalent per day (boe/d) peak production.
The project would evacuate its gas to the F23 production hub via an 80 km pipeline while supporting the future growth in the central Luconia area, off the coast of Sarawak, the firm said.