Kebabangan Petroleum Operating Company
| Kebabangan Petroleum Operating Company Sdn Bhd (KPOC)
|
|
|---|---|
 |
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| legal form | Joint venture |
| founding | November 6, 2007 |
| Seat |
Petronas Twin Towers Level 52, Kuala Lumpur , Malaysia
|
| management | Mohd Tarmizi Munir, CEO |
| Branch | energy |
| Website | www.petronas.com.my |
The Kebabangan Petroleum Operating Company Sdn Bhd (KPOC) is a joint venture of the companies operating under Malaysian law
- Petronas Carigali Sdn Bhd (40 percent share),
- ConocoPhillips Sabah Gas Ltd (30 percent stake) and
- Shell Energy Asia (30 percent share).
The joint venture is based on the "Kebabangan Cluster Product Sharing Contract" of December 31, 2007 and comes from an initiative by ConocoPhilipps. The contract with the state oil production company Petronas covers various activities in three gas fields off the coast of Sabah.
KPOC is active in oil and gas exploration in the offshore fields of Sabah , Malaysia.
Drilling projects
KPOC carries out exploration and production projects in the Kebabangan gas field on behalf of its shareholders . The oil and gas obtained through the use of a drilling platform is pumped through two 135-kilometer pipelines to the Sabah Oil and Gas Terminal in Kimanis (Sabah). The terminal went into operation in 2014.
The technical execution of the drilling platform was awarded to SapuraKencana Petroleum Berhad , Kuala Lumpur (Malaysia). The contract, worth around EUR 50 million, includes planning, construction, project management and installation of the drilling platform.
The Kebabangan gas field is between 100 and 400 meters below sea level. It belongs to a cluster of three independent gas fields. The names for these gas fields in the Kebabangan Cluster Asset are:
- Kebabangan (KBB),
- Kamunsu East (KME) and
- Kamunsu East Upthrown Canyon (KMEUC).
The KBB gas field is the largest of the three fields.
Others
The colors of the company logo represent the main corporate colors of the companies involved: turquoise (Petronas), yellow (Shell) and red (ConocoPhillips). The lettering in the Petronas colors is an indication that Petronas holds the majority share in the company. According to the company, the logo symbolizes the harmony within the shareholders, the drive to control business operations and the positive attitude to be the best.
Individual evidence
- ↑ Petronas Organization
- ↑ a b Asia / Pacific Factbook 2009 ( Memento of the original from December 15, 2011 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. (PDF; 3.7 MB), published by ConocoPhillips, page 5
- ^ New Sabah Times, Business, May 17, 2011, p. 1
- ↑ Kencana Gets RM208m Job From KPOC ( Memento of the original from May 30, 2012 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. ; Accessed September 19, 2012
- ↑ The Edge Financial Daily, April 28, 2011, Business & Finance Section, Page 8 ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. (PDF; 172 kB)
- ↑ Leaflet "KPOC - Kebabangan Petroleum Operating Company", Kuala Lumpur, 2014
