Five more years at Canadian firm‘s oil field lay in store for Thai FPSO

Valeura Energy has made three further oil discoveries with its latest drilling campaign in the Gulf of Thailand. The Nong Yao-13 well in the offshore G11/48 concession, drilled to a TVD of 3,342 ft, encountered more

Valeura Energy has reported a productive first quarter in 2024 with oil production averaging 21.9 thousand barrels per day and a peak rate of approximately 23 thousand barrels per day, alongside a strong financial performance featuring

Valeura Energy Inc (TSX:VLE) is an upstream oil & gas company, with a clear strategy to add value for shareholders. The Company has a strong balance sheet positioning it for potential inorganic growth opportunities in the near/medium-term, and

Singapore-headquartered independent Valeura Energy intends to continue to aggressively pursue value including via its aspirations to grow both organically and inorganically by way of mergers and acquisitions opportunities, which the company said it continues to see

Malcolm Shaw of Hydra Capital Partners shares some of his own investment ideas in the metals and energy markets. He also shares a myriad of stocks that he owns and follows. He presents these ideas as

Valeura Energy Inc (TSX:VLE) is an upstream oil & gas company, with a clear strategy to add value for shareholders. The Company has a strong balance sheet positioning it for potential inorganic growth opportunities in the near/medium-term, and

Natural gas acts as an essential aid to energy security and, due to its characteristics, can have an important role when it comes to progressively lowering the GHG emissions linked to energy production. Of the fossil

Valeura Energy Inc is among the group of top performing stocks year-to-date on the Toronto Stock Exchange. This means each stock on this list has seen its share price grow at a faster rate than the

Valeura Energy announced the results of its year-end 2023 inventory of reserves and resources for its Thailand assets. The Canadian petroleum and natural gas company said the value of its assets increased from US$261 million at the

Valeura Energy has announced the mobilization of a Mobile Offshore Production Unit destined for its Nong Yao field while also providing a development drilling update at the Wassana field. Both fields are located offshore Thailand. The

Singapore-headquartered independent Valeura Energy is on track for first oil late in the second quarter from its Nong Yao field offshore Thailand. The centrepiece of the project — T7 Global’s newbuild mobile offshore production unit (MOPU)

Canadian operator Valeura Energy has exercised its purchase option to acquire Nong Yao field’s FSO Aurora, previously under lease from an Omni Offshore Terminals subsidiary. The purchase price for the vessel is $19m which will be funded

Valeura Energy has bought the Nong Yao field’s FSO Aurora for $19 million, and expanded the drilling program at its Wassana field in light of favorable initial results. In a February 13 update shared by the

Valeura Energy has signed up to extend the contract for its Borr Drilling jack up, driving progress off southern Thailand. Borr announced the contract today. The Mist jack up will remain at work for Valeura for

Malaysian energy industry services provider T7 Global has unveiled the newly-converted mobile offshore production unit (MOPU) which is scheduled to start working at Valeura Energy’s Nong Yao C development offshore Thailand. The MOPU has been named

Malaysia’s energy solutions provider T7 Global has unveiled its new mobile offshore production unit (MOPU) at a grand naming ceremony held at the grounds of China State Shipbuilding Corporation Beihai Shipyard in Qing Dao, China. This

Malaysian energy services solutions provider T7 Global has completed construction of the new mobile offshore production unit (MOPU) TSeven Shirley for Valeura Energy’s Nong Yao C oilfield development offshore Thailand. Construction of the MOPU has been