Petronas appoints Vestigo Petroleum as operator of Berantai field
KUALA LUMPUR, Malaysia -- Petronas has appointed Vestigo Petroleum, a wholly owned subsidiary, to continue the operations and maintenance of Berantai field following the cessation of the Berantai Risk Service Contract (RSC) with the previous contractor.
Located about 150 km offshore Peninsular Malaysia, Berantai field produced first gas in October 2012. The field comprises a wellhead platform connected to the Berantai FPSO, which processes and exports gas to the neighboring Angsi field, via a 30-km subsea pipeline, before it is exported onshore.
The appointment of Vestigo is in line with Petronas’ effort to extend the economic life of the field and maximize the long-term value of the asset.
Vestigo, which specializes in the development and production of small and marginal fields, also operates Tembikai field under the Tembikai-Chenang Cluster Small Field RSC, which achieved first oil in June 2015.
