Abu Dhabi – Mubasher: Abu Dhabi-based Mubadala Energy confirmed the discovery of a good-quality gas reservoir penetrated by the Cengkih-1 exploration well in BlockSK320, off the coast of Sarawak province, offshore Malaysia.
Preliminary analysis indicates a significant gas column of over 110 metres within the pinnacle carbonate reef reservoir, Emirates News Agency (WAM) reported on Tuesday.
CEO of Mubadala Energy, Mansoor Mohamed Al Hamed, said: "This discovery further cements our position in Malaysia as a reliable and trusted operator with deep technical capabilities. Gas demand in Southeast Asia continues to grow and we look forward to helping meet those energy needs, in line with our strategy to play an active role in the energy transition."
The Cengkih-1 exploration well is situated nearby the Pegaga field, which recorded the discovery of 1 Trillion Cubic Feet of additional gas initial in place, following the post-drill results, confirming a larger and better quality reservoir.
Mubadala Energy is the Operator of Block SK320, with 55% participating interest in the Production Sharing Contract. The remaining 45% is held by PETRONAS Carigali Sdn Bhd and Sarawak Shell Berhad.
Earlier this month, Mubadala Petroleum unveiled its new brand name; Mubadala Energy.
