Valeura Set to Restart Wassana Production Offshore Thailand

Friday, August 2, 2024

Canada-based oil and gas company Valeura Energy has begun the process of restarting the production operations at the Wassana field in the Gulf of Thailand, following inspection of mobile offshore production unit (MOPU).

Valeura implemented a precautionary suspension of oil production on June 28, 2024 to ensure a safe situation while inspecting an anomaly identified on one of the steel jack-up legs of the field’s Ingenium MOPU.



Through advanced underwater inspection, including magnetic particle inspection, the company has concluded that the observed anomaly - a crack within a weld - is superficial, and accordingly does not constitute a risk to the structural integrity of the facility.

Therefore, Valeura has initiated the process of restarting production operations, and anticipates achieving pre-suspension oil production rates of approximately 5,000 bbls/d (before royalties) within the week.

Valeura will continue to operate within its strict safety standards and will continue utilizing regular underwater inspections of its facilities and vessels to assure ongoing asset integrity requirements are met.

“I am pleased to be able to chart a clear way forward for the Wassana field which entails resuming production as soon as possible. Our team of professionals have worked rapidly to confirm the integrity of our MOPU, providing the critical assurance we need to continue operating safely.

“At the same time, we are pursuing growth aggressively across our portfolio, including the larger-scale redevelopment of the Wassana asset.  Front-end engineering and design work is progressing, and we are targeting readiness for a final investment decision on the project at approximately end 2024,” said Sean Guest, President and CEO.

Categories: Industry News Activity Production Asia Oil and Gas

Related Stories

Shell’s Brazil-Bound FPSO Starts Taking Shape

Timor Gap Boosts Stake in Finder Energy’s Timor-Leste Oil Fields

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

PTTEP Greenlights $320M Offshore CCS Project at Arthit Gas Field in Thailand

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

Current News

Shell’s Brazil-Bound FPSO Starts Taking Shape

Ventura Offshore’s Semi-Sub Rig to Keep Drilling for Eni in Asia

SBM Offshore, SLB to Optimize FPSO Performance Using AI

MODEC Ramps Up Hammerhead FPSO Work After ExxonMobil's Go-Ahead

Aesen, DOC JV Targets Subsea Cable Logistics

Timor Gap Boosts Stake in Finder Energy’s Timor-Leste Oil Fields

SBM Offshore Starts Construction of FSO for Trion Oil Field off Mexico

Russia Targets 2028 for Sakhalin-3 Gas Project Start Up

Seatrium Secures ABS Backing for Deepwater FPSO Design

MDL Secures Cable Laying Job in Asia Pacific

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com