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Shell has announced a deep-water gas discovery off Malaysia. Located 135km offshore in Block SK318, the Rosmari-1 was drilled to a total depth of 2,123m and encountered more than 450m of gas column.

The company is planning further exploration and marks the finding as a positive indicator of the gas potential in an area of strategic interest.

Shell Upstream International director Andy Brown said: "We are expanding and rejuvenating heartlands across our exploration portfolio, including in Brunei, Australia and the Gulf of Mexico."

"Shell owns 85% interest in the Block SK318, while the remaining 15% is held by PETRONAS Carigali Sdn Bhd."

Shell Malaysia chairman Iain Lo said: "This adds to Shell’s sequence of recent exploration successes in Malaysia, with these discoveries expanding the company’s heartlands positions."

Shell owns 85% interest in the Block SK318, while the remaining 15% is held by PETRONAS Carigali Sdn Bhd.

Block SK318 is located approximately 200km offshore in water depths of 200m-1,000m.

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By GlobalData

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