Stay updated with breaking news from க்மெயர் பேசின். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Cambodia officially ends its short-lived oil production venture investvine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investvine.com Daily Mail and Mail on Sunday newspapers.
Share The Kingdom extracted its first drop of crude oil on December 28 from the A-01D well – part of the five-well mini-platform featured in KrisEnergy s “Mini-Phase 1A” development. MINISTRY OF MINES AND ENERGY Kingdom seeks buyers for crude amid discouraging production Thu, 13 May 2021 The government and Singaporean oil exploration firm KrisEnergy Ltd are actively working together to find markets for the crude oil produced offshore Cambodia and to plan for further steps in resource development for Block A, according to a senior government official. The statement came after the media and civil society raised concerns about the Kingdom s ‘failures in the oil and gas sector due to the lower-than-planned output of the five wells in the Apsara oilfield located in Block A that lies over the Khmer Basin in the Gulf of Cambodia. ....
Oil platform in the Apsara oil field offshore Cambodia Cambodia’s hopes for prosperity from the exploitation of an offshore oil field have been dealt a blow after a disappointing start of the country’s first-ever oil project. The operator, Singapore-based oil exploration company KrisEnergy, in its latest analysis indicated that the reservoirs encountered in the five development wells of the Apsara oil field in the Khmer Basin of the Gulf of Thailand were less productive and continuous in nature than expected, compared with the results from the original appraisal wells. KrisEnergy said that it was unlikely to reach the previously anticipated. ....
KrisEnergy farms out Block 115/09 offshore Vietnam 1 April 2021 (Last Updated April 1st, 2021 11:49) KrisEnergy, through its Vietnamese subsidiary, has divested its 100% interest in the exploration block 115/09 located offshore Vietnam to an undisclosed international oil and gas company. The Apsara oil field is located in Block A offshore Cambodia. Credit: Elise Aldram / Pixabay. Share Article KrisEnergy, through its Vietnamese subsidiary, has divested its 100% interest in the exploration block 115/09 located offshore Vietnam to an undisclosed international oil and gas company. The financial terms of the deal, which was signed in February, have not been made public. The Singapore-based oil and gas company said it agreed on the transfer of the exploration block, considering the reduction in its liabilities and mandatory work commitments, including a 3D seismic acquisition program for a minimum of 850km², pr ....
Singapore-based oil and gas firm KrisEnergy Ltd began extracting crude oil from four additional wells late last month, according to Cheap Sour, a senior official at the Ministry of Mines and Energy. ....