9 June 2021 23:29 GMT Updated 9 June 2021 23:29 GMT in London osh
Thailand’s national upstream company PTTEP is set to spud imminently the Nangka-1 exploration well on the Block SK 147 production sharing contract offshore Sarawak in Malaysia’s exclusive economic zone.
Borr Drilling’s jack-up rig Saga, which was last operating on the Medan Helang D1-1 well, has been lined up for the Nangka wildcat.
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The gas exploration well is expected to take until 15 August to complete.
Thai state-owned firm funds Myanmar military enterprises
Tue, May 25 2021 01:45:04 PM
By Anwesha Bhaumik
Kolkata, May 25 (IANS): Thailands majority state-owned oil and gas company, PTT, is partnering with military-linked companies to expand its engagement in Myanmar, a corporate source in a Burmese hydrocarbon company disclosed to IANS.
This expansion comes on top of the half a billion dollars PTT already pays annually to junta-controlled enterprises through its existing operations in Myanmar s gas fields, the source said on the condition of anonymity.
A 2019 PTT joint venture is paying the military conglomerate Myanmar Economic Corporation (MEC) nearly $1 million in annual rent for the construction of a fuel terminal on land seized from farmers.
PTT steps up daily purchase of gas
Move comes after plants fell short
published : 20 May 2021 at 04:08
3 An LNG receiving terminal of PTT Plc. The company plans to sell more gas to ensure there is sufficient electricity supply during the hot season.
National oil and gas conglomerate PTT Plc is increasing its purchase of natural gas by 450 million standard cubic feet per day (MMSCFD) after four coal-fired power plants in Thailand and Laos were not able to produce electricity as planned during peak hours.
The company plans to sell more gas, a key fuel for power generation, to other gas-fired power plants to ensure sufficient electricity supply as demand is high during the hot season.