The North Malay Basin (NMB) is located offshore Peninsular Malaysia immediately south of the Malaysia-Thailand Joint Development Areas (MTJDA) (Figure 1), approximately 150 km North East from Kota Bharu, in 55 to 60 m water depth. The NMB area consists of Blocks PM302, PM325 and PM326B. Hess Exploration & Production Malaysia B.V. (Hess) and PETRONAS Carigali Sdn Bhd (PCSB) are contractors to PETRONAS for the Production Sharing Contracts (PSCs) and have executed a Joint Operating Agreement (JOA) between them. Pursuant to the JOA, Hess and PCSB each hold 50% participating interest for the Blocks and Hess has been appointed as the Operator. The proposed development project is located within Block PM302.
The Full Field Development (FFD) phase 1 includes:
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