News

Cambodia is the legal owner of 295,000 barrels of crude oil smuggled by MT Strovolos

The Cambodian government confirms that about 295,000 barrels of crude oil stolen by the crew of MT Strovolos and seized by the Indonesian authorities are legal property by law of the Kingdom of Cambodia.   ...

May Kunmakara
https://www.postkhmer.com/business/2021-10-01-1037-224511.html

Historic day for the nation as Apsara oil is now flowing

Mr Hun Sen considers Cambodia’s first drop of oil as a blessing to the Cambodian nation. The revenue raised from this oil production will be used for two priority areas: education and health. ...

Sok Chan
https://www.khmertimeskh.com/50798561/historic-day-for-the-nation-as-apsara-oil-is-now-flowing/

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. ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-hoping-produce-oil-year-despite-global-slump

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. ...

Thou Vireak
https://www.phnompenhpost.com/business/first-drop-oil-mid-2020-says-hun-sen

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 ...

Sorn Sarath
https://www.phnompenhpost.com/business/krisenergy-starts-3d-seismic-survey

Construction of $620m oil refinery delayed

Construction of an oil refinery straddling two provinces in the South is going ahead slower than expected, with the project now scheduled for completion in 2022, the Ministry of Mines and Energy said. The first phase of the oil refinery, located on 365 square metres ...

Chea Vannak
https://www.khmertimeskh.com/50601964/construction-of-620m-oil-refinery-delayed/

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 ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdom-oil-development-contract-awarded-keppel

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. ...

Hor Kimsay
https://www.phnompenhpost.com/business/krisenergy-set-review-bids-drilling-services

Development of oilfield to continue as planned

The recent gains in the global price of oil will not affect plans for the development of the Apsara oilfield, according to a representative of the company that holds the rights to the area. ...

May Kunmakara
https://www.khmertimeskh.com/50517257/development-of-oilfield-to-continue-as-planned/

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 ...

Chea Vannak
https://www.khmertimeskh.com/50479974/discussion-on-petroleum-law-resumes/

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