Category Archives: Thailand

Ophir planning gas field tieback in offshore Madura PSC

LONDON – Ophir Energy has closed its acquisition from Santos of various producing assets in Southeast Asia. Chief among these are the Premier-operated Chim Sao/Dua oil field in the Natuna Sea off Vietnam and the Madura Offshore and Sampang PSCs offshore Indonesia. Madura Offshore and … Continue reading

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PTTEP sells Montara to Jadestone

27-Jul-2018 Offshore staff BANGKOK, Thailand – PTTEP has agreed to sell its 100% stake in the producing Montara oil field offshore northwest Australia to Singapore-based Jadestone Energy. Average production during the first half of this year was around 7,694 b/d. The purchase … Continue reading

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Shell completes Bongkot withdrawal

21-June-2018 Offshore staff THE HAGUE, the Netherlands – Two Shell affiliates have completed the sale of their 22.2222% interest in the Bongkot field and adjoining acreage offshore Thailand to PTTEP for $750 million. Shell Integrated Gas Thailand and Thai Energy Co. held stakes … Continue reading

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Hyundai Engineering wins $273m Thai refinery expansion contract

Published 24 April 2018 Hyundai Engineering, the construction unit of Hyundai Motor Group, has been awarded a KRW290bn won ($273.2m) contract by Bangchak Corporation Public Company (BCP) for the expansion of a refinery in Bangkok, Thailand. Under the terms of … Continue reading

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Qatargas, EGAT to assess potential for FSRUs

04/16/2018 Offshore staff DOHA, Qatar – Qatargas Operating Co. has signed a memorandum of understanding (MoU) with the Electricity Generating Authority of Thailand (EGAT). The two parties plan to jointly identify and evaluate best practices in the LNG industry, particularly in the sharing … Continue reading

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Shell scraps sale of $900m Thai gas field stake to KUFPEC

EBR Staff Writer Published 04 October 2017 Royal Dutch Shell has scrapped its $900m deal to divest its stake in the Bongkot gas and condense field in Thailand to a subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC). The parties … Continue reading

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Shell’s Divestment Push Reaches Thailand in $900 Million Sale

by Dan Murtaugh January 31, 2017, 12:41 PM GMT+8 Kuwait Petroleum unit to buy 22.2% stake in Bongkot gas field Sale is part of Shell’s $30 billion divestment program Royal Dutch Shell Plc will sell its stake in an offshore … Continue reading

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