Malaysia's state energy firm Petronas said on Friday that its Myanmar unit had declared force majeure on its Yetagun field on Thursday due to depletion of gas production.The decision came after challenges that resulted in the production rate…
Thai oil and gas company PTTEP has made an oil and gas discovery from the first exploration well, Sirung-1, in Block SK405B, off the coast of Sarawak, offshore Malaysia.Phongsthorn Thavisin, PTTEP Chief Executive Officer, disclosed that PTTEP…
Thai oil and gas company PTTEP has made a gas discovery at the Dokong-1 wildcat exploration well in Block SK417, located in the shallow waters of Baram Province, offshore Sarawak, Malaysia.PTTEP is the operator of the block with an 80 percent stake…
Malaysian oil firm Petronas and Thailand's PTTEP on Wednesday announced they'd made a large gas discovery at the Lang Lebah-2 well, offshore Sarawak, Malaysia.The well is located in Block SK410B, in the Central Luconia Province, about 80 kilometers off the coast of Sarawak…
Oilfield services company Petrofac said Tuesday it has secured a Well Project Management contract in Australia with the Thai oil firm PTTEP.Petrofac will provide all project manpower to enable the execution of plug and abandonment operations…
Italian oil and gas firm Eni and Thailand’s national oil company PTTEP have been awarded exploration concession for Offshore Block 3 in the United Arab Emirates, with the concession deal signed with ADNOC on Monday.Eni is the operator with a 70% stake in the Exploration Offshore Block 3…
Oilfield equipment supplier Weir Oil & Gas has signed a five-year contract with Thailand's national oil company PTT Exploration and Production (PTTEP) to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand. The contract is valued at $70 million…
French seismic data company CGG has been awarded two large-scale complex seismic reprocessing contracts by the Thai national oil company PTTEP.CGG said PTTEP was investing in the rejuvenation of pre-existing data sets from two regions offshore Malaysia…
Mermaid Maritime, a Thai-based offshore services company has entered into a joint venture with Singapore's Meitech, part of Indonesia's EPCI contractor Meindo, to target offshore decommissioning work in the Gulf of ThailandMermaid said the joint…
Oilfield services firm Halliburton will design and implement a series of digital transformation projects aimed at boosting production from Thailand-based PTTEP's offshore oil fields.Halliburton said Tuesday that it had won a contract to deliver…
Jack-up drilling rig owner Borr Drilling has signed agreements that should secure work for three of its drilling rigs. The Oslo-listed company said Monday it had entered into a contract and LOIs for three of its currently warm stacked rigs, adding USD 21 million to the total backlog…
Asia Pacific Drilling Technology Conference and Exhibition (APDT) originally scheduled for September 1-2 2020 in Yangon, Myanmar has been postponed for next year due to the COVID-19 pandemic.'Due to the ongoing global public health concerns related to COVID-19…
A consortium led by Spain's Repsol including Germany's Wintershall DEA and Thailand's PTTEP have discovered two deepwater oil fields in the Gulf of Mexico, the companies said on Monday.Mexican President Andres Manuel Lopez Obrador has slammed…
Thai energy company PTT Exploration and Production Pcl said on Monday its joint venture had made two deep-water oil discoveries in the Salina Basin, offshore Mexico.The Mexican subsidiary of PTTEP, Thailand's largest oil and gas producer, and…
Thai oil company PTTEP reported a 40 percent rise in the full-year net profit, boosted by increased sales volumes from acquired assets and an increased stake in the Bongkot offshore field.Its 2019 net profit was 1,569 million, increasing by 40% from 2018…
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