Adoc is a leader in deepwater development and production, with top quartile performance in offshore drilling and project delivery. Our company is the sixth-largest gross operated deepwater producer in the Gulf of Mexico and also has offshore assets in Europe, Asia Pacific and South America. We have been selected to operate major offshore projects by Gulf of Mexico co-venture owners and by the Malaysian national oil company.
A Natural Fit at North Malay Basin
The North Malay Basin full field development achieved first production of natural gas in July 2017. Hess has a 50 percent working interest and is operator of this long life natural gas asset comprised of nine discovered natural gas fields adjacent to our existing operations in the Joint Development Area (JDA) between Malaysia and Thailand. Petronas Carigali holds the remaining 50 percent of North Malay Basin and is also our partner in the JDA.
It's also important to note that one of the most serious technical demands currently facing the valve manufacturing industry is controlling fugitive emissions, particularly from stem seals.