Petronas’ Vestigo Takes Over Berantai Operatorship
Malaysian oil and gas giant Petronas has appointed its wholly-owned subsidiary Vestigo Petroleum to operate the Berantai field, offshore Malaysia, on its behalf.
Vestigo will continue the operations and maintenance of the field following Petronas’ recent cessation of the Berantai Risk Service Contract (RSC) with the previous contractors, SapuraKencana Petroleum and Petrofac. The RSC was signed in January 2011 and the cessation will be effective on September 30, 2016.
Petronas set up Vestigo in July 2013 to focus on development and production activities from small, marginal and mature fields in Malaysia and abroad. Vestigo also operates the Tembikai field under the Tembikai-Chenang Cluster Small Field RSC, which achieved first oil in June 2015.
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.