PETRONAS has highlighted its achievement for the first half of 2024 with one notable discovery in Malaysia being the Bekok Deep-1 oil and gas exploration made in May.

The oil giant said the discovery stands out due to its promising well testing results, which demonstrate a strong hydrocarbon flow rate. This discovery highlights substantial hydrocarbon potential in this new play, marking a significant milestone in Peninsular Malaysia's energy sector over the past decade.

As for the international front, PETRONAS said it has achieved success in Suriname with the Sloanea-2 appraisal well in Block 52 which was drilled in June. This accomplishment it added has bolstered the group's prospects in the basin and opens the possibility of developing a standalone Floating Liquified Natural Gas (FLNG) project at the field in the future. It is currently assessing the feasibility of an integrated development strategy for gas and oil extraction within Block 52.

"We are extremely pleased with these breakthroughs, as they reaffirm PETRONAS' commitment and expertise to providing exceptional value through substantial discoveries in Malaysia and internationally, driven by strategic and innovative approaches," said PETRONAS Executive Vice President and Chief Executive Officer of Upstream, Mohd Jukris Abdul Wahab.

Jukris added, "These milestones underscore PETRONAS' ongoing initiatives to enhance our exploration endeavors in selected focus regions and strive for sustainable resource replenishment."