Sarawak Shell Berhad (SSB), a subsidiary of Royal Dutch Shell plc, has taken a final investment decision (FID) on the Timi gas development project, situated approximately 200 kilometres off the coast of Sarawak, in Malaysia.
The Timi development features SSB’s first wellhead platform (WHP) in Malaysia that is powered by a solar and wind hybrid renewable power system.
The unmanned platform is approximately 60 per cent lighter than a conventional Tender Assisted Drilling (TAD) wellhead platform. The project also includes the drilling of two wells.
Wael Sawan, Shell Upstream Director said Timi demonstrates Shell’s capabilities to innovate and deliver safe, reliable, and sustainable projects, in line with its commitment to achieve net-zero emissions by 2050 in step with society.
“Shell is pleased to be able to progress this project in a competitive and responsible manner, as part of the vital role Upstream plays in delivering Shell’s strategy and in support of economic growth in Malaysia.”
Timi is a sweet gas field discovered in 2018 and is designed to reach up to 50,000 barrels of oil equivalent per day (boe/d) peak production. The WHP will be tied back to the existing Shell operated F23 hub platform via a new 80 kilometre pipeline.
Shell Malaysia aims to lead in the country’s energy transition by increasing investment in lower carbon energy solutions, while pursuing competitive and carbon resilient upstream investments.
Timi will be developed as part of the SK318 Production Sharing Contract with Sarawak Shell Berhad (SSB) as the Operator holding 75% equity. The other two partners are PETRONAS Carigali Sdn Bhd (15%) and Brunei Energy Exploration (10%).