Valeura Energy completes modification of MT Jaka Tarub vessel

Canada-based oil and gas company Valeura Energy has extended two contracts related to an oil field offshore Thailand. This will enable a floating production, storage, and offloading vessel (FPSO), which is currently working on the field, to continue

The Jasmine Field in the Gulf of Thailand has produced its 90MMbbl, according to operator Valeura Energy. This is far beyond the original expectations of about 7 MMbbl when the development was sanctioned in 2004. President and CEO Sean Guest

Valeura Energy announced that as of 15 May, the Jasmine oil field had produced its 90 millionth barrel of oil, greatly exceeding the expectations set at its original development sanction in 2004 of approximately seven million barrels. According

Malaysia-based energy industry services firm Uzma has, via its Thai subsidiary MMSVS secured a contract with the oil company Valeura Energy Inc. The three-year contract is for the provision of coil tubing equipment and services in the Gulf

The total Crude oil and condensate production of South East Asia in 2022 was 1.36mmbpd, a decrease of 5.84% when compared to 2021. The largest oil-producing countries in Asia are Indonesia, Malaysia and Vietnam. Through to 2030, annual

Valeura Energy has restarted oil production from the Wassana Field in the Gulf of Thailand. Today crude oil was introduced into the field’s processing facilities for the first time in nearly three years, when production was shut down by

Support for doing deals has been buoyed as a result of the European gas supply crisis, the CEO said. “There’s an appreciation that we’re going to need hydrocarbons and I think the money markets are seeing that as

Valeura Energy is looking to spend about $75 million over the next two years on developing the Nong Yao C oil accumulation in the Gulf of Thailand. This year’s expenditure will go toward installing a new mobile offshore production

Canadian independent Valeura Energy is moving ever closer to restarting production at its Wassana oilfield offshore Thailand after completing modifications to the project’s floating storage and offloading vessel. Valeura on Tuesday confirmed that modifications to the post-panamax tanker

Valeura Energy has acquired stakes in four oil and gas projects from Mubadala Petroleum making it the largest independent working in Thailand, the Canadian oil and gas company announced on Wednesday. The completed acquisitions include 100% interest in

Valeura Energy has closed the deal it entered into with Mubadala Petroleum in December last year to acquire the Thailand upstream oil producing portfolio of Busrakham Oil and Gas, a Mubadala Energy unit. Through its wholly-owned subsidiary, Valeura

Canadian independent Valeura Energy has boosted its Thai upstream portfolio with the acquisition of stakes in four producing oilfields from UAE’s Mubadala Petroleum. Valeura on Wednesday confirmed it had completed the “transformative” acquisition of the Gulf of Thailand

Valeura Energy said modification work has been completed on the MT Jaka Tarub crude oil storage vessel. The vessel is now compatible with infrastructure serving the Wassana oil field in the Gulf of Thailand and is ready for tandem crude oil loading/offloading.  Pending good