Petronas has awarded a small field risk service contract (SFRSC) to EQ Petroleum Developments Malaysia Sdn Bhd (EnQuest) and Uzma Energy Venture (Sarawak) Sdn Bhd (Uzma) for the development and production of the Tanjong Baram field, located about 6km offshore Sarawak.
The SFRSC was signed on 27 March in Kuala Lumpur, where Petronas was represented by its VP of petroleum management Encik Adif Zulkifli, EnQuest by its head of international Faysal Hamza, and Uzma by its CEO Dato’ Kamarul Redzuan Mohamed.
Under the terms of the contract, Petronas is the project owner while EnQuest and Uzma are the contractors for this petroleum arrangement.
“This SFRSC will see EnQuest and Uzma conduct development and production works at the Tanjong Baram field. The first hydrocarbon from the Tanjong Baram field is expected to be within 11 months from now,”Zulkifli said.
Petronas has awarded four RSCs to date: