Non-renewable energy production
(Oil and gas)
Woodside raises offshore gas estimate
Australian firm Woodside Petroleum believes it has found more gas than previously estimated following two discoveries in Myanmar offshore earlier this year. The company has raised the estimated size of contingent resources in two of its blocks by 83 million barrels of oil equivalent to 4481mmboe, ...
Government cancels offshore oil field deal
Mirach Energy, the Singapore firm with a 48-percent stake in one of Cambodia’s offshore oil fields, announced last week that the government had canceled its deal with the firm and invited it to reapply with new investors. “MME noted in the letter to CPHL Cambodia that ...
Royal Group in talks with China, Indonesia on proposed oil pipeline
Cambodian conglomerate the Royal Group is in talks with two foreign state-owned petroleum companies to conduct feasibility studies for an oil pipeline that would run from Sihanoukville to Phnom Penh, a government official has confirmed. Meng Saktheara, secretary of state at the Ministry of Mines and ...
PTT facing new gas pipeline suit
The Office of the Ombudsman lodged a complaint with the Administrative Court Monday demanding PTT Plc return all gas pipelines to the state. The Ombudsman accused PTT Plc, and 10 other defendants, of not returning offshore natural gas pipelines to the state after the Supreme ...
Rough seas impede oil spill cleanup
Thailand’s Marine Department on 27 February said it had not been able to clean up the oil spill from the capsized cruise liner Ocean Dream off Koh Nok in Chon Buri’s Si Racha district due to high winds and waves impeding their operations. In a press statement, the department ...
Oil blocks to remain open
The Cambodian government said on 9 February it would postpone bidding on two vacated offshore oil blocks given the low global levels of investment flowing into petroleum exploration activities. The Ministry of Mines and Energy revoked the exploration licences of Resourceful Petroleum Limited last month after the ...
PVN encouraged to expand gas, oil exploration activities
Vietnam’s Deputy Prime Minister Hoang Trung Hai requested the National Oil and Gas Group (PVN) to continue to search for new sites, and produce more oil and gas in 2016. He described these activities as a key task for the sector in 2016. Speaking at a conference ...
Vietnam shipyard launches $230m oil rig
PetroVietnam Marine Shipyard JSC in the southern province of Ba Ria-Vung Tau, a subsidiary of PetroVietnam, launched a US$230-million jackup rig 13 December. Tam Dao 05 weighs 18,000 tons and can drill to a depth of nine kilometers. Keep reading ...
Gas accounts for smaller share
Thailand’s heavy dependence on natural gas for the power sector has been trimmed to 60% from 70% thanks to greater use of coal and renewable sources, says the Energy Policy and Planning Office (Eppo). The coal-fired Hongsa power plant in Laos has helped to increase the ...
PV Oil Laos marks anniversary
A ceremony to celebrate the 5th anniversary of Lao PetroVietnam Oil (PV Oil Laos), a subsidiary of the PetroVietnam Oil Corporation (PV Oil), was held in Vientiane on 30 November. The event was attended by Vietnamese Ambassador to Laos Nguyen Manh Hung and Vice President of ...
