SABAH Shell Petroleum Co Ltd said a Shell-Petronas Carigali-ConocoPhillips joint venture has made another oil and gas discovery in Deepwater Block G, offshore northwest Sabah. 

Significant hydrocarbon columns in high-quality reservoir rock were found in the Ubah-2 exploration well.  

The discovery well and an appraisal sidetrack were drilled in a water depth of 1,430m. 

“The deepwater discoveries we are making offshore Sabah are key cornerstones of this strategy,” Shell Malaysia chairman Datuk Jon Chadwick said in a statement. 

Shell Malaysia and ConocoPhillips each has 35% equity in the joint venture while Petronas Carigali holds the balance 30%. Shell Malaysia operates the block on behalf of this partnership.