Thailand’s PTT Exploration & Production (PTTEP) reported it is having difficulty accessing the Chevron-operated Erawan gas field to install production facilities as planned, ahead of a handover next year.
News that Thailand’s PTT Exploration & Production (PTTEP) and Petronas have started first deep-water gas production from Block H bodes well for Malaysia’s vision to attract further investment in its deeper waters.
Malaysia’s Petronas has successfully started producing liquefied natural gas (LNG) from its second floating LNG (FLNG) vessel at the PTT Exploration & Production (PTTEP) operated Rotan gas field off Sabah.
Thailand’s state-backed upstream player PTT Exploration & Production (PTTEP) said Monday that its $2.45 billion deal to buy a 20% stake in one of Oman’s strategic gas fields from UK major BP will pave the way for future investments in the Middle East.
Chevron is seeking contractors for a major retirement campaign across the Gulf of Thailand as the Southeast Asian nation braces for a huge wave of decommissioning.
Houston oil field service company Halliburton landed a contract to add cloud computing technology that will improve production at offshore rigs in Thailand.
Thailand is issuing more liquefied natural gas (LNG) import licences as it attempts to liberalise its gas market and position itself as a regional LNG trading hub.
Demand destruction and sustained oil prices below $40 per barrel mean Asia Pacific is bracing itself for a brutal wave of cost cutting that will see its reliance on imports rise as upstream investment is hit hard.
Petrofac has extended its relationship with Mubadala Petroleum with the award of new and modified contracts related to the floating production, storage and offloading vessel (FPSO) in the Gulf of Thailand.
Thai firm PTT Exploration and Production (PTTEP) has knocked $300million off its capital expenditure budget to offset the impact of lower oil prices, a news report said.
Thailand’s PTT Exploration and Production (PTTEP) plans to sell its Omani unit to a company based on the Arabian Peninsula as part of a rethink of its portfolio.
Amec Foster Wheeler said it has been awarded a Front End Engineering Design (FEED) contract by Thai Oil Public company for its clean fuel project at the Sriracha Refinery in Thailand.