Managing director of Keppel Offshore & Marine, Michael Chia Hock Chye, has joined KrisEnergy’s board of directors as a non- executive director effective 13 May 2016. Chia has also been appointed as a member of the audit committee and nominating committee…
KrisEnergy nearly tripled its revenue in Q1 2016 and more than doubled its production when compared to Q1 2015, due to two new fields that started production in the Gulf of Thailand. Image from KrisEnergy…
Australia's AWE rejected an unsolicited US$309 million (AU$420 million) takeover bid from US private equity group Lone Star Japan Acquisitions. Lone Star's proposal was to acquire all of the shares in AWE for a cash consideration of $0…
Australian explorer AWE has agreed to sell its 42.5% interest in the Bulu production sharing contract, offshore east Java, to a 100% owned subsidiary of HyOil for up to A$27.5 million (US$20.6 million), subject to Indonesian government approval and future development…
Singapore’s KrisEnergy completed development drilling in the G10/48 and the G11/48 licenses in the Gulf of Thailand. The G10/48 license is located in the Wassana oil field, which comprises 13 producer wells and one water disposal well…
Singapore's KrisEnergy has doubled its production of oil and gas in four fields in the Gulf of Thailand, in addition to one onshore gas field in Bangladesh. Together, production stood at 19,935 boe/d as at 1 January 2016. According to KrisEnergy…
KrisEnergy, an independent upstream oil and gas company, announces that it has completed drilling of the Mustika-1 exploration well in the Sakti production sharing contract (PSC) in the East Java Sea. Image from KrisEnergy…
KrisEnergy spudded the Mustika-1 exploration well in the East Java Sea, marking the beginning of its operated Satki production sharing contract (PSC). Image from KrisEnergy. Mustika-1…
The Department of Mineral Fuels (DMF), the government agency responsible for Thailand’s upstream petroleum industry, granted approval to KrisEnergy for the production area application (PAA) for for an area containing the Rossukon oil discovery in the Gulf of Thailand…
First oil has commenced from the Wassana oil field in the G10/48 concession in the Gulf of Thailand, operator KrisEnergy announced. Wassana is expected to achieve peak production of approximately 10,000 bo/d by year’s end. KrisEnergy…
Mubadala Petroleum began oil production from the Nong Yao field in the G11/48 license in the southern Gulf of Thailand from three initial wells on 17 June. Map of G11/48 off Thailand. From Mubadala…
Singapore-based KrisEnergy hit oil at the first exploration well in the Wassana oil field, offshore Thailand. Thai drilling campaign map. From KrisEnergy. Rayrai-1 intersected about…
KrisEnergy plans to develop the Wassana oil field beginning with drilling a new exploration well in Block G10/48 offshore Thailand. Wassana well projection. From KrisEnergy. The Rayrai-1 well is at a water depth of 170ft and is 2…
KrisEnergy’s Thai campaign success continues at its Rossukon-3ST sidetrack well that encountered 148ft of oil and gas pay. Offshore Thailand map. From KrisEnergy. The final exploration…
KrisEnergy began drilling the Rossukon-3ST sidetrack well offshore Thailand. Image from KrisEnergy. Rossukon-3ST is located in the G6/48 license that covers 566sq km over the Karawake basin…
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