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Hess & Petronas to speed up Kamelia and Belud FPSOs

To meet the Malaysia oil & gas production targets, Hess and Petronas have decided to speed up the development of the Kamelia and Belud oil fields.

On Kamelia in the North Malay Bassin, Hess has awarded a letter of Intend to Emas Offshore Production & Construction (EOCL) to charter a FPSO for a first period of three years.

Because of the timing constraints, EOCL will modify an existing gas FPSO , the Lewek Arunothai, in a shipyard in Singapore or China.

This FPSO should have a capacity of 1,300 million cf/d and should be installed along a wellhead platform

That wellhead platform is under construction in Lumut by Kencana HL.

The completion of the FPSO was expected mid 2012 but should be delayed by early 2013.

On Belud in Sabah shallow water of the block SB 302, Hess and Petronas have planned to build a wellhead platform  and a FPSO. This FPSO should have a capacity of:

– 7500 b/d oil

– 150 mcf/d gas

EOCL is in the race also for this FPSO in competition with the other local MISC and Bumi Armada

The completion is planned for 2014.

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