Be sure to check our sister interview main ratings news website

Valeura Energy to begin oil production in Nong Yao Field with new MOPU arrival

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) TSeven Shirley — has departed its shipyard at Qing Dao, China and is now en route to the Nong Yao oilfield in the Gulf of Thailand.

On arrival, the MOPU will be connected to the pipeline that has been already installed from the existing Nong Yao field infrastructure, and it will serve as the wellhead production platform for Valeura’s Nong Yao C project.

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 substantial longer-term upside potential through an operated deep, tight gas play. 

Read in Full
Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Valeura Energy

More articles like this

Valeura Energy

Valeura Energy completes Jasmine Field drilling, boosting output

27th November 2024

Valeura Energy Inc (TSX:VLE, OTCQX:VLERF) has announced the successful completion of an infill drilling campaign at the Jasmine field in Licence B5/27 (100% operated working interest), offshore Gulf of Thailand. Dr. Sean Guest, Valeura Energy President and

Valeura Energy

Valeura Energy completes restructuring of Thai operations

12th November 2024

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

Valeura Energy driving growth and innovation in Thailand

30th October 2024

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

Valeura Energy

Opportunities for energy development in Thailand

24th October 2024

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

© 2024 – DirectorsTalk. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.