Petronas Hands Over Berantai Job to Vestigo
Petronas has appointed its wholly-owned subsidiary, Vestigo Petroleum to continue the operations and maintenance of the Berantai field on its behalf.
Located about 150 km offshore Peninsular Malaysia, the Berantai field produced first gas in October 2012.
The field comprises a wellhead platform connected to a floating production storage and offloading (FPSO) vessel, the Berantai FPSO, which processes and exports gas to the neighboring Angsi field via a 30km subsea pipeline before being 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 specialises in the development and production of small and marginal fields, currently also operates the Tembikai field under the Tembikai-Chenang Cluster Small Field RSC, which achieved first oil in June 2015.
