Thailand
News
November 04, 2024
(Bloomberg) – Thailand will press ahead with a plan to restart talks with Cambodia to jointly explore petroleum reserves worth an estimated $300 billion in a disputed offshore area, disregarding opposition from some political groups and activists.
News
October 10, 2024
Thailand’s new government will restart negotiations with Cambodia to explore an offshore oil and gas field with at least $300 billion worth of reserves that the two countries have been squabbling over since the 1970s.
News
August 19, 2024
The first three of the seven Nong Yao C development wells were opened up for oil production on Aug. 15, 2024, with additional wells to be brought online successively thereafter. Valeura intends to sustain Nong Yao production rates at approximately 11,000 bpd for the remainder of the year 2024.
News
April 15, 2024
The Nong Yao-13 well was drilled to 5,399 ft measured depth and discovered just over 30 ft of new oil pay across several intervals. Additionally, two wells were drilled north of the Wassana oil field to identify sufficient oil volumes in this northern area of the block to justify a future development project.
News
March 21, 2024
PTTEP has ramped up its G1/61 Project’s sales volume to 800 MMcfd as planned. The increased natural gas delivery will help minimize the impact of electricity prices and enhance national energy security.
News
January 14, 2024
The study will lay a foundation for potential development of Carbon Capture and Storage (CCS) Hub in the Eastern Economic Corridor of Thailand (EEC).
News
December 26, 2023
The company has drilled four wells at the Nong Yao A wellhead processing platform, including three production-oriented development wells and one appraisal well. The development wells have encountered targets in line with pre-drill expectations and have been brought online as producers.
News
December 11, 2023
Valeura Energy Inc., the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, has announced the re-start of oil production at the Wassana field, offshore Gulf of Thailand.
News
August 15, 2023
State-controlled PTT Exploration & Production Pcl plans to double gas production at Erawan, its biggest field, to 800 MMcfd in early 2024, said Chief Executive Officer Montri Rawanchaikul. Output at Bongkok, its second largest, will be raised by about 10% next year, he said.
News
March 16, 2023
The navy will focus on helping the crew in plugging a leak that’s led to water seeping into the hull of the ship, government spokesman Anucha Burapachaisri in a statement Thursday. They will also take steps to prevent oil spill as the crude carrier is carrying 400,000 bbls of crude oil.
News
February 01, 2021
BP will sell a stake in an Omani gas block to Thailand’s national energy firm for $2.6 billion, part of a push to divest billions of dollars of assets and focus more on renewable energy.
News
December 21, 2020
Weir Oil & Gas Dubai signed a five-year $70 million contract with Thailand's PTT Exploration and Production, a subsidiary of state-owned energy conglomerate PTT, to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand.
News
August 29, 2019
Thailand’s state-controlled oil and gas company PTT is looking to resource-rich countries in the Middle East to help meet the country’s growing energy demand.
News
June 22, 2018
Shell has announced that its affiliates, Shell Integrated Gas Thailand Pte Ltd. and Thai Energy Company Ltd., have completed the sale of their 22.2222% interest in Bongkot field and adjoining acreage offshore Thailand.
News
January 31, 2018
Shell Integrated Gas Thailand Pte Ltd. and Thai Energy Company Ltd., affiliates of Royal Dutch Shell Plc, have agreed to an asset sale of their 22.2222% interest in Bongkot field and adjoining acreage offshore Thailand to PTT Exploration & Production Public Company Limited (PTTEP) and PTTEP International Limited.
News
May 18, 2017
Ophir Energy has announced that a Final Investment Decision has been taken to commence the fourth phase of development at Bualuang oil field in the Gulf of Thailand.
News
April 25, 2017
Aqualis Offshore has been contracted by South Korean OCEANUS Co. Ltd. to provide specialist floatover services for an LNG regasification platform topside offshore Bahrain.
News
April 06, 2017
Lamprell, a provider of fabrication, engineering and contracting services to the energy industry, is pleased to announce the completion of the Shelf Drilling Krathong jackup drilling rig and its delivery to Shelf Drilling Ltd., on schedule and within budget.
News
March 24, 2017
Thailand has a message for embattled global LNG sellers: It’s going on a shopping spree.
News
March 20, 2017
The Asian energy companies sitting on the largest hoard of cash outside China are ready to put it to use.
News
January 31, 2017
Shell has reached an agreement with KUFPEC Thailand Holdings Pte Limited, a subsidiary of Kuwait Foreign Petroleum Exploration Company, for the sale of subsidiary companies Shell Integrated Gas Thailand Pte Limited and Thai Energy Co Limited, which together hold a 22.222% equity stake in Bongkot field, and adjoining acreage offshore Thailand consisting of Blocks 15, 16 and 17 and Block G12/48, for $900 million.
