Shell makes Malaysian FID

Peak production on the Timi gas development is forecast at 50,000bl/d oe

Shell has made FID on the Timi gas development in Malaysia alongside project partners NOC Petronas and Brunei Energy Exploration. Peak production is forecast at 50,000bl/d oe. Shell subsidiary Sarawak Shell Berhad will operate Timi with a 75pc stake, while Petronas and Brunei Energy Exploration hold 15pc and 10pc respectively. Timi—which is off the coast of Sarawak—will supply its sweet gas via an 80km pipeline to the F23 offshore production hub. The unmanned, lightweight wellhead platform will also be Shell’s first in Malaysia powered by solar and wind generation, which the firm cited as a step towards its net-zero goals. Oil majors are becoming increasingly selective about their upstream d