KrisEnergy Halts Thai Drilling and Production
Singapore-based upstream oil and gas company KrisEnergy has shut-in its producing Wassana oilfield off Thailand due to tropical storm Pabuk that entered the Gulf of Thailand.Southeast Asian company said in a press note that as a safety precaution due to Tropical Storm Pabuk, it has temporarily shut in oil production at the Wassana field in the G10/48 licence in the Gulf of Thailand and halted drilling of infill development…
Montha-1 Exploration Well Disappoints KrisEnergy
KrisEnergy, a Southeast Asian upstream company, focuses on the exploration, development, and production of oil and gas, has failed to find significant hydrocarbon shows in the Montha-1 exploration well in the reservation area of the G10/48 license in the Gulf of Thailand.The Singapore-based said in a stock exchange annoucement that Montha-1, which was drilled by the Mist jack-up rig, reached a total depth of 10,396 feet measured depth rotary kelly bushing (RKB) (-9,138 feet true vertical depth subsea).
Cambodia Oil & Gas Bids to Start
Cambodia plans to open bids for concessions on 19 onshore oil and gas exploration blocks to promote investment in the sector, a senior official at the country's Ministry of Mines and Energy said on Wednesday. The Southeast Asian country is also keen to talk with international investors about acquiring stakes in six offshore blocks, Diep Sareiviseth, deputy director general at the ministry and in charge of international petroleum affairs, told reporters in Bangkok.
Nordic Maritime Awarded Seismic Survey Project
Nordic Maritime, in association with Alamjaya Makmur Sejahtera and PT Bahari Lines Indonesia, has been awarded the provision of marine seismic data acquisition & processing services for a 1,200 line km area in the Sakti production sharing contract in offshore East Java. The vessel to undertake the award will be the S/V Nordic Bahari. The client is independent upstream oil and gas company, KrisEnergy. “The Nordic Bahari is being kept very busy with both 2D and 3D seismic survey work…
KrisEnergy Acquires 42 Pct Stake In Tanjung Aru Block
Singapore's oil and gas explorer KrisEnergy acquired a 42 percent stake in the Tanjung Aru block in the Makassar Strait from its partner Neon Energy on May 5, company spokesman Tanya Pang said. The transaction occurred after Neon Energy failed to pay a cash call worth $1 million, submitted by KrisEnergy. (Kontan) Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Jakarta Newsroom; Editing by Subhranshu Sahu)
