CARIGALI HESS OPERATING COMPANY SDN BHD

CARIGALI HESS Operating Company Sdn Bhd (CHOC) is a prominent player in the energy sector, specifically in the exploration and production of oil and gas. CHOC is a joint venture (JV) between two significant energy companies: Petronas Carigali Sdn Bhd, which is the exploration and production subsidiary of Petroliam Nasional Berhad (Petronas), and Hess Corporation, a global independent energy company.

Key Information:

1. Joint Venture Partners:

   
   
   
   
   • Petronas Carigali Sdn Bhd: The upstream arm of Petronas, responsible for the exploration, development, and production of oil and gas resources.
   
   
   • Hess Corporation: An American-based, independent energy company engaged in the exploration and production of crude oil and natural gas.
   
   
   
   



2. Operations:

   
   
   
   
   • CHOC is primarily involved in upstream activities, which include the exploration, development, and extraction of crude oil and natural gas.
   
   
   • The company operates various projects, often in offshore locations, contributing significantly to Malaysia’s oil and gas sector.
   
   
   
   



3. Key Projects:

   
   
   
   
   • Some of their noteworthy projects are in the Malaysia-Thailand Joint Development Area (MTJDA), which is a unique bilateral agreement between the two nations focusing on the shared exploitation of natural resources in the overlapping continental shelf areas.
   
   
   • Production and development in various blocks and fields, notably in offshore regions that are rich in hydrocarbon resources.
   
   
   
   



4. Technological and Operational Excellence:

   
   
   
   
   • CHOC employs advanced technology and methods to enhance oil and gas recovery, maintain efficient production operations, and ensure high safety and environmental standards.
   
   
   • The company's focus on innovation and sustainability allows it to adapt to the changing dynamics of the global energy market.
   
   
   
   



5. Commitment to HSE (Health, Safety, and Environment):

   
   
   
   
   • Maintaining high standards of health, safety, and environmental protection is a core priority for CHOC.
   
   
   • The company adheres to stringent regulatory requirements and best industry practices to minimize environmental impact and ensure the safety of its workforce.
   
   
   
   



6. Economic and Social Contributions:

   
   
   
   
   • By maximizing resource extraction and efficiency, CHOC contributes to the local economy through job creation, local spending, and revenue generation.
   
   
   • The company often engages in corporate social responsibility (CSR) activities that support local communities, social causes, and development initiatives.
   
   
   
   

Conclusion:

CARIGALI HESS Operating Company Sdn Bhd is a key contributor in Malaysia's oil and gas industry, combining the strengths of its parent companies, Petronas Carigali and Hess Corporation. Through strategic projects, advanced technologies, and a commitment to operational excellence and sustainability, CHOC plays a vital role in meeting the energy needs of Malaysia and contributing to the broader energy sector.