SARAWAK SHELL BINTULU PLANT (SSBP)

Bintulu Crude Oil Terminal

Sarawak Shell Bintulu Plant (SSBP) formerly known as Bintulu Crude Oil Terminal (BCOT) was the first major industrial project to go off the ground Tg. Kidurong in 1979.

The Project comprises three crude oil storage tanks, each with a capacity of 410,000 barrels. Located on the western boundary of the MLNG site, the plant coprises 3 areas of operations namely:

1.Crude Oil Operations (BCOT)

2.Condensate Stabilisation (BSTAB)

3.Gas Sales Facilities (BAGSF)

Daily Crude Production nett is 60,000 barrels per day. Daily Condemate Production is about 80,000 barrerls per day. Daily Gas Sales to downstream customers such as SMDS, ABF, SESCO and Petronas Gas Berhad is about 190 MMSCF per day. The Crude Oil and Condenate from the plant is either exported locally or to outside customers.

SHELL MIDDLE DISTILLATE SYNTHESIS (SMDS) PLANT

SMDS Plant

Shell MDS (Malaysia) Sdn. Bhd. a joint-venture company between Shell Gas, Petronas, Mitsubishi Corporation and the Sarawak State Government was formed in 1986. The company owns and operates the Shell Middle Distillate Synthesis (SMDS) plant, the world's first commercial gas to liquid plant, in Bintulu Sarawak.

The plant converts natural gas into high quality synthetic oil products and specialty chemicals which are paraffnic and colourless. Some 100 million standard cubic feet per day of natural gas are converted into 470,000 tonnes per annum of middle distillates (gasoil, kerosene, naphtha) and specialty products (detergent feedstocks, solvent feedstocks, various grades of waxes). The plant started operations in May 1993 and its products are sold globally. For more information, please contact 086-252211 / 292405. Email: shellmds@tm.net.my

SapuraCrest awarded RM3B Shell Gumusut-Kakap Offshore Field Contract

Kuala Lumpur, March 17, 2009 - Charting another milestone in its involvement in deepwater technology, leading regional oil and gas services provider SapuraCrest Petroleum Berhad will be undertaking a contract worth RM3 billion for offshore installation works at the Gumusut-Kakap Field, operated by Sabah Shell Petroleum Company Limited (Shell). This follows the recent award of a lump sum contract to SapuraCrest’s wholly owned subsidiary, TL Offshore Sdn Bhd. The contract is expected to be executed over a three year period beginning this year.

SapuraCrest will deliver the contract through its joint venture company Sapura Acergy Sdn Bhd (SASB) where a major part of the work will be executed using the Sapura 3000, its state-of-the-art dynamically positioned heavy lift and deepwater pipelay vessel. Engineering and procurement work will commence with immediate effect and offshore installation will begin in 2010. The Gumusut-Kakap field is located about 200 km offshore Sabah with a water depth of 1,200 meters.

The field is the first deepwater development for Shell in Malaysia. However, it presents SapuraCrest its second and most advanced deepwater construction work to date, having earlier completed the Kikeh gas pipeline in Sarawak at a water depth of 1,400 meters. This project will involve more Malaysian engineers and managers, giving them opportunities to further develop in this highly-specialised field.

"The award reflects Shell’s and Petronas’ confidence in our capability and reaffirms the position of SapuraCrest as a leading provider of technologically superior and high quality services in the region. We have invested heavily in strategic assets and resources to the tune of RM1 billion over the last 5 years, and this has helped us position SapuraCrest to undertake projects of this magnitude and complexity. It is an honour to be selected by Shell, one of the biggest players in the global oil and gas industry today," said Datuk Shahril Shamsuddin, Executive Vice-Chairman of SapuraCrest Petroleum.

"This contract award is a tribute to the extensive experience and expertise of our engineers as it involves advanced and complex engineering design in the execution of deepwater works and highlights the capabilities of our latest advanced vessel, the Sapura 3000. The project will give us the opportunity to develop Malaysian engineers and managers in this new frontier and will allow Malaysians to undertake future deepwater engineering, construction and installation in Malaysia and across the region. This will move Malaysia higher up in the value chain in the ability to execute jobs with increasing complexities," Datuk Shahril added.

The contract entails project management, procurement, engineering, transportation and installation services, and works for an oil export pipeline and catenary riser, including the shore approach. It will also involve the installation of flowlines, jumpers, Steel Catenary Risers (SCRs), Pipeline End Terminations (PLET) and flowline inline structures. SASB will also be required to supply and install mooring wires, chains and piles for a semi-submersible Floating Production System (FPS) including towing and installation of the FPS at offshore location. More than 50 percent of the project will be carried out by local manpower and resources.

“We are delighted to be part of Malaysia’s long term growth plans and are pleased to be building solid relationships, creating additional localised support for all our clients in the region. This project will also help promote growth in the oil and gas industry by fostering technology transfer and local talent development, creating new employment opportunities and maximizing local procurement in Malaysia. We also hope that this project will in some small way assist local industries during these trying economic times," said Datuk Shahril.
The Gumusut-Kakap contract will propel SapuraCrest to the next stage of its expansion plans into higher technology services for the oil and gas industry. The contract is also expected to significantly boost current and future revenues.

* Exchange rate of USD1 = RM3.6 used

About SapuraCrest Petroleum Berhad

SapuraCrest Petroleum Berhad, a public-listed subsidiary of the Sapura Group of Companies, is one of the largest local oil and gas integrated service providers in Malaysia.

Through its subsidiaries, SapuraCrest Petroleum is involved in marine installation and construction, offshore drilling and marine services in Malaysia, Asia Pacific and South Asian regions. In particular, SapuraCrest Petroleum services cover the provision of accommodation and support vessels and tender assisted drilling rigs, installation of offshore pipelines and structures, provision of offshore hook-up, commissioning and topside maintenance services, provision of underwater services and provision of offshore geotechnical and geophysical services.

For more information, please visit http://www.sapuracrest.com.my/

For Media Enquiries, please contact:

Norliza Kamaruddin, Sapura Group Corporate Communications

Tel: +603 8949 7727

Email: norliza.k@sapura.com.my

FPSO Kikeh

Malaysia has completed the FPSO Kikeh, its first deepwater floating production storage and offloading (FPSO) facility, a significant event in the nation's endeavour to develop world class deepwater engineering and construction capability.

FPSO Kikeh, completed in 26 months, is also notable in that it is the largest such facility to be constructed in Malaysia. Built by Malaysia Marine & Heavy Engineering (MMHE), a subsidiary of MISC, at its yard in Pasir Gudang, Johor, peninsular Malaysia, the floating production unit was converted from the 337m long 279,000dwt VLCC SS Atlas. FPSO Kikeh, owned and operated by Malaysia Deepwater Terminal, a joint venture between MISC and SBM Offshore, is now on location in block K offshore Sabah, East Malaysia. Leased to Murphy Sabah Oil, the production sharing partner of Petronas Carigali, the FPSO is contracted for an initial period of eight years with options for five three-year follow-on extensions.

Moored in a water depth of 1320m about 120km northwest of Labuan Island, the FPSO will unload its cargo of oil to shuttle tankers every ten days, produced from Malaysia's first deepwater discovery using subsea wells connected to the FPSO by pipelines on the seabed and flexible risers.

Murphy Oil estimates the Kikeh field had proved reserves of 47.5mmbo and 74.6bcf of gas as at year-end 2006. Initial oil production, scheduled for startup in the second half of this year, is expected to be 40,000b/d of oil with a one-year ramp up to a plateau of 120,000b/d.

The turret

FPSO Kikeh's external turret, at around 2300t, is the heaviest ever designed by SBM. It affords permanent mooring, achieved with 10 anchor legs in a 4-3-3 configuration consisting of 127mm studless chain and 98mm wire rope, and acts as a support for the production, injection and utilities lines.

Product, water, power and communication data will be transferred between FPSO Kikeh and the anchored Kikeh DTU (dry tree unit) truss spar by way of fluid transfer lines (FTL) that utilise SBM's Gravity Actuated Pipe (GAP) system.

The turret provides fluid transfer and control functions to and from the vessel to the seabed and the DTU. Flexible subsea risers suspended from the turret feed commingled production fluids from the wells into the turret manifold. Jumpers connected to the GAP take care of fluid transfer to and from the DTU.

Produced fluids, a mixture of oil, gas, water and solid particles, flow to the topsides process modules via the turret swivels.

Treated water will pass through the turret into injection wells and produced gas not used for power generation on board will be initially injected, then exported by pipeline to Labuan Island, about a year after field production starts up.

Wellheads and DTU are controlled from the FPSO through the turret swivels and umbilicals to the seabed and DTU.

Malaysia rising

Through the transfer of technology resulting from the joint effort between MISC and SBM, the FPSO Kikeh project team from MISC and MMHE were able to develop expertise in deepwater construction. This collaboration also supported the growth and development of local vendors by providing business opportunities to more than 80 Malaysian subcontractors and service suppliers.

Marking this achievement the FPSO Kikeh naming ceremony was held at the MMHE yard on 29 March in the presence of Mohd Hassan Marican, MISC chairman and Petronas president and CEO, Claiborne Deming, Murphy Oil president and CEO, Didier Keller, SBM president, and Shamsul Azhar Abbas, MISC president and CEO.