Canadian independent Valeura Energy is evaluating the new platforms and potentially also floating facilities that could be required to expand production at its Wassana oilfield offshore Thailand after a recent

Valeura Energy Inc. drilled two appraisal wells at Wassana oil field in license G10/48 in Pattani basin, Gulf of Thailand. The results show that additional production wells are viable within

Valeura Energy has drilled two successful appraisal wells on the Wassana oil field, where production remains suspended. The two wells found more oil in the Tertiary clastic section, in the

Natural gas prices rise 4.8% to $2.808/mmBtu, which if maintained would be the highest closing price since Aug. 9. The gains come ahead of a weekly EIA storage report at

While the total number of offshore wind projects, both existing and projected, continues to surge, the sector now grapples with typical economic and financial challenges. In recent weeks, offshore wind

Global natural gas and LNG storage capacity in import markets is expected to expand by 10%, or 45 billion cu m (bcm), during the 2023-2028 period, largely supported by projects

U.S. natural gas prices (/NG) surged higher on Thursday afternoon following the release of the Energy Information Administration’s (EIA) weekly inventory figures for the week ending August 18. The report

Valeura Energy expects to mobilize a new mobile offshore production unit later this year to the Nong Yao oil field in the Gulf of Thailand, with development drilling starting soon afterward. Installation has