Malaysia Risk Service Contracts (RSC)

This report provides a summary of Risk Service Contracts (RSCs) awarded in Malaysia. In early 2011, PETRONAS introduced RSCs to stimulate the development of marginal projects and increase the recovery of Malaysia's hydrocarbon resources. Under the terms of the RSC, PETRONAS retains resource ownership, whilst the RSC partners hold responsibility for field development and operations. To date, six RSCs were awarded, with two RSCs still active. PETRONAS has stopped awarding RSCs to optimize its commercial activities.

Table of contents

• Key facts
• Summary and key issues
  • Summary
  • Key issues
  • Balai Cluster RSC
  • Berantai RSC
  • KBM Cluster RSC
  • Tanjong Baram RSC
  • Tembikai-Chenang RSC
  • Ophir RSC
  • Oil price
  • Cash flow

  Tables and charts

  This report includes 19 images and tables including:

  • Key facts: Table 1
  • Peninsular Malaysia
  • Eas t Malaysia
  • Participation: Table 1
  • Participation: Table 2
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Infrastructure: Table 1
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3
  • Ophir RSC
  • Tanjong Baram RSC
  • Tembikai Chenang RSC
  • KBM Cluster RSC
  • Berantai RSC
  • Balai Cluster RSC