According to Reuters article published on May 9, 2023, oil producer Enquest (ENQ.L) said on Tuesday it signed an agreement with Petronas (PGAS.KL) to produce additional gas from the Seligi field in Malaysia through existing infrastructure until the end of 2025.
The deal is expected to increase EnQuest's gas production by around 25 million standard cubic feet per day, it said.
EnQuest, mostly focused on the North Sea, acquired an interest in the PM8/Seligi oil field in Malaysia in 2014 to expand beyond the core UK market.
The company said the partnership with Petronas would also assess the drilling of more gas-producing wells over time.
