Oil and gas resources
Off-shore oil and gas exploration and extraction
ODA oil, gas field talks progress: report
Senior Cambodian and Thai officials are reportedly discussing a joint development area (JDA) for oil and gas exploration within the 26,000sq km Overlapping Claims Area (OCA) – estimated to hold up to 500 million barrels of oil and gas deposits under the seafloor – in ...
Iran invited to survey oil, gas in Cambodia
Cambodia has invited Iran to examine the feasibility of developing the Kingdom’s existing oil blocks and requested that the republic conduct further oil and gas exploration studies. ...
The Nation Thailand's staff
Cambodia has proposed that Russian energy investors tap nation’s oil
Cambodia is turning to Russian investors after Singapore’s KrisEnergy abandoned the only operational offshore oil block in the Kingdom’s waters. ...
Focus shifts to onshore oil and gold mining as offshore exploration stumbles
The Kingdom has a golden future in spite of the crude reality that there may be no more oil extracted from its waters in the near term, according to Prime Minister Hun Sen. ...
Kingdom’s oil dreams live on even after driller files for liquidation
KrisEnergy Ltd, the operator of the Apsara oil field development offshore Cambodia, has confirmed that all operations of its subsidiary in Cambodia, KrisEnergy (Cambodia) Ltd, will continue as normal, despite its parent company filing for liquidation on June 4, according to a senior official of ...
Government ‘calm’ as KrisEnergy stumbles
As KrisEenergy struggles to stay afloat, reports of investor “vultures” targeting purchasing the company’s assets have appeared, while the local government remains cautiously optimistic about the conundrum, noting that operations in the Khmer Basin are still “running smoothly”. ...
KrisEnergy approaches end of the line
KrisEnergy’s oil production dreams in the Khmer Basin appear to be dead in the water after the oil and gas company revealed it was not able to form a viable debt restructuring plan and will lose its revolving line of credit from Singapore-based DBS Bank. ...
Indebted oil company reports lower-than-expected oil at Cambodian block
KrisEnergy has warned that its current production rate at Cambodia’s Apsara offshore oil block has yielded only around half the company’s projected peak rate, and it has extended debt repayment deadlines and brought in an engineering firm to assess the situation amid “material uncertainty ...
Cambodia hoping to produce oil this year, despite global slump
As the global price of oil craters amid the Covid-19 pandemic, Singapore-based KrisEnergy Ltd remains on track to extract the first drop of oil in the first half of this year, said a Ministry of Mines and Energy senior official. ...
Oil deal expected with Canadian firm
The government and Canadian firm EnerCam Co will soon sign an oil exploration agreement for Block VIII in Preah Sihanouk province, a senior official at the General Department of Petroleum said on Monday. ...
KrisEnergy to sell Vietnam oil block and focus on diversion to Cambodia field
Singaporean oil and gas company KrisEnergy has decided to give up one of its oil exploration blocks in Vietnam to focus on its operations in Cambodia. ...
Jose Rodriguez T. Senase
Chinese company granted licence to explore Block D
Chinese-owned Cambodian Resources Energy Development Co Ltd has been granted a three-year exploration licence in the Gulf of Thailand’s Block D, off the coast of Cambodia, a senior official at the General Department of Petroleum told The Post on Thursday. ...
Black gold on the horizon
The Ministry of Mines and Energy signed a petroleum agreement with Cambodia Resources Energy Development Co on exploration of the offshore Block D oilfield. “Signing the agreement allows the company to conduct studies and search for oil in Block D,” Cheap Sour, director-general of Petroleum ...
First drop of oil by mid-2020, says Hun Sen
Prime Minister Hun Sen on Monday confirmed that Cambodia will extract the first drop of oil from the Apsara oilfield in Cambodia’s offshore Block A by mid-2020. ...
KrisEnergy starts 3D seismic survey
Singapore-based firm KrisEnergy Ltd, which operates Cambodia’s Block A offshore oil development project, has started a 3D seismic survey in the area, a company press release said on Tuesday. It announced the commencement of a 1,200sqkm survey in the offshore Cambodia Block A concession, where ...
KrisEnergy set to draw first drop of oil this year
Singapore-based firm KrisEnergy Ltd, which operates Cambodia’s offshore Block A, claims it will be able to meet its schedule to extract its first drop of oil late this year. The firm has actively prepared all necessary facilities for the production, Ministry of Mines and Energy ...
Angkor Gold exploring oil and gas potential in Cambodia
Cambodia-focused mineral exploration company Angkor Gold is actively pursuing oil and gas opportunities in Cambodia in addition to its current roster of mineral exploration projects. The Canadian-listed explorer has been in operation in the Asian nation since 2012, closing 10 deals with a combined value of US$19.50 million within ...
Kingdom oil development contract awarded to Keppel
Singapore-based KrisEnergy, which operates Cambodia’s offshore Block A, has awarded a $21.7 million contract to Keppel Shipyard Ltd for the Kingdom’s oil development, its press release issued on Friday said. KrisEnergy announced that its wholly-owned subsidiary, SJ Production Barge Ltd, has contracted Keppel Shipyard Ltd ...
KrisEnergy set to review bids for drilling services
Singapore-based firm KrisEnergy, which operates Cambodia’s offshore Block A, is now reviewing bids submitted by contractors for integrated drilling services and a facilities platform. They were submitted during the second quarter. ...
Discussion on petroleum law resumes
With the first drop of crude oil from the Apsara oilfield expected by next year, officials gathered on Thursday to discuss the much-awaited law on petroleum. Representatives of the Ministry of Mines and Energy, the Ministry of the Environment and the Ministry of Justice were ...