KOTA KINABALU: Repsol Oil and Gas Malaysia will continue drilling potential wells in Block SB309 offshore Sabah in efforts to expand its business operations in the state.
Stakeholder relations manager Ahmad Fakhrurrazi Arshad said Repsol was focused in the upstream business, adding it currently operates the PM-3 Commercial Agreement Area project which straddles the Malaysia-Vietnam border.
Repsol also runs the PM-305 and PM-314 Blocks in the Peninsular Malaysia since 2002 and the Kinabalu Oil Production Sharing Contract (PSC) in Sabah since 2012.
Ahmad also said an increase its oil production to 18,000 barrels per day is also expected this year following the installation of a new production facility.
“This year represents a milestone year for our operations offshore Sabah when we installed a new production facility next to our current producing platform, Kinabalu.
“This additional installation will see an increase in our production in Sabah to some 18,000 barrels per day of crude oil,” he told media fraternity at the Repsol Sabah Media Get Together event in Tanjung Aru, here.
Present were Sabah Journalist Association president Mugutan Vanar and KK Journalist Association president Yong Ted Phin.
Repsol is a contractor to Petronas and a joint venture partner of Petronas Carigali Sdn Bhd to develop and grow the oil and gas industry in Malaysia.
As for its corporate social responsibility endeavours, Ahmad said Repsol had sponsored over 20 scholars from Universiti Malaysia Sabah to enable them to pursue engineering courses and provided one-off cash aids for the less-fortunate children, who did well in their Ujian Penilaian Sekolah Rendah (UPSR) and Form Three Assessment (PT3) examinations.
Under Repsol’s capacity building programmes, 80 single mothers from Bongawan district had received training on the commercial production of salted eggs while 60 women from Tambunan district were trained to acquire bead making and traditional weaving skills.
“We are happy to report that these programmes have benefited thousands of Malaysians. As an example, over 7,500 primary schoolchildren from Sabah and Labuan benefited from the personal safety awareness programmes, which we initiated since 2013,” Ahmad said.
He added that since 2013, Repsol have also worked with the Sabah Thalassaemia Society and State Health Department to hold awareness forums and healthy lifestyle seminars among the Thalassaemia patients and the public.
“While we are focused on our business growth in Malaysia, we are equally passionate about giving back to the local community in which we operate. Our community investment programmes focus on education, safety, health and capacity building.