Seascape Energy has been awarded a 28% non-operated interest in a Small Field Production Sharing Contract (PSC) for the DEWA Complex Cluster, offshore Malaysia. Situated in shallow water (40-50m) offshore Sarawak, the DEWA Cluster contains several material undeveloped gas fields capable of low-cost, near-term development. The award supports the Company’s recent decision to strategically pivot the business to focus on SE Asia and complements Seascape’s existing high-impact Block 2A opportunity, c ....
21 Oct 2024
Seascape Energy Asia - Growing the Malaysia Portfolio
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Seascape Energy Asia - Growing the Malaysia Portfolio
Seascape Energy Asia PLC (SEA:LON) | 81.5 -0.4 (-0.6%) | Mkt Cap: 51.4m
- Published:
21 Oct 2024 -
Author:
James McCormack -
Pages:
9 -
Seascape Energy has been awarded a 28% non-operated interest in a Small Field Production Sharing Contract (PSC) for the DEWA Complex Cluster, offshore Malaysia. Situated in shallow water (40-50m) offshore Sarawak, the DEWA Cluster contains several material undeveloped gas fields capable of low-cost, near-term development. The award supports the Company’s recent decision to strategically pivot the business to focus on SE Asia and complements Seascape’s existing high-impact Block 2A opportunity, c ....