ENEOS Xplora, formerly JX Nippon Oil and Gas, has announced a major new agreement to keep producing natural gas in Malaysia for another 10 years.
Malaysian subsidiary, ENEOS Xplora Malaysia, has signed a deal with Petronas to extend the current contract for offshore gas field Block SK10. The agreement has been extended to run through to 2038.
Block SK10, located off the coast of Sarawak, covers three gas fields: Helang, Layang and Beryl, and started producing gas in 2003. It accounts for around 4% of Japan’s total annual LNG imports.
ENEOS Xplora has been the operator of the project since it was first awarded in 1987.
