Wassana field offshore Thailand close to restart

Valeura Energy, a Canadian oil and gas company, has successfully completed an internal reorganisation of its subsidiaries in Thailand. This move is expected to enhance the financial and operational management of its assets in the Gulf

Valeura Energy Inc., a Canadian company focused on petroleum and natural gas exploration and production, recently finalised a reorganisation of its subsidiaries in Thailand. This internal restructuring now consolidates Valeura’s interests in the Nong Yao, Manora,

Valeura Energy, a Canadian oil and gas company, has restructured its operations by consolidating its interests in the Nong Yao, Manora, and Wassana fields under its Thai subsidiary, Valeura Energy (Thailand) Ltd. Previously, only the Wassana

Valeura Energy, a Canadian oil and gas firm, has carved a significant presence in the Gulf of Thailand, strategically positioning itself as one of the leading producers in the region. Since acquiring assets from KrisEnergy and

Thailand presents a unique opportunity for energy exploration and production. The country benefits from proven petroleum systems and relatively favourable offshore operating conditions in shallow waters. Mid-life oil fields offer potential to extend their lifespan through

Canada-based Valeura Energy recently announced that its Nong Yao C extension, which began production in mid-August 2024, has significantly increased output from the Nong Yao field, located offshore Thailand. The extension boosted production by 66%. In

Valeura Energy has reported an increase in oil production, reaching 26.4 mbbls/d in September, which marks a 23% rise from the Q2 2024 average and 22.2 mbbls/d for Q3 2024. The company expects revenue of $139