News

KrisEnergy signs letter of award for Cambodia oil mini-platform

KrisEnergy (Apsara) Co Ltd signed a conditional letter of award with PT Profab for the supply of a minimum facilities wellhead “mini-platform” for the Apsara oilfield – Cambodia’s maiden oil development – its Singapore-based parent company KrisEnergy Ltd said on Wednesday. The move is a ...

Hin Pisei
https://www.phnompenhpost.com/business/krisenergy-signs-letter-award-cambodia-oil-mini-platform

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

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 ...

Hor Kimsay
https://www.phnompenhpost.com/business/krisenergy-set-draw-first-drop-oil-year

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/

KrisEnergy to up investment plans for drawing oil next year

KrisEnergy plans to produce oil from Cambodia’s offshore Block A oil deposit next year and forecasted an investment of more than $30 million in the country this year, according to its 2017 annual report. ...

Robin Spiess
https://www.phnompenhpost.com/business/krisenergy-investment-plans-drawing-oil-next-year

KrisEnergy seeks nod for 3D survey of Block A

Singapore’s KrisEnergy, the operator of Cambodia’s offshore Block A in the Gulf of Thailand, announced late last week that it has submitted documentation to the Ministry of Environment for a proposed 1,200-square-kilometre 3D seismic survey of its offshore tenement next year. ...

Post Staff
http://www.phnompenhpost.com/business/krisenergy-seeks-nod-3d-survey-block

Kris says oil field tapped by 2020

Singapore’s KrisEnergy, the operator of Cambodia’s offshore Block A in the Gulf of Thailand, announced on Friday that in 24 months the Kingdom will be an oil producing nation after the firm made its final investment decision that day for extraction in the Apsara oil ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/kris-says-oil-field-tapped-2020

Deal for oil field finally signed

Cambodia moved a step closer to becoming an oil-producing nation yesterday after the government finalised its long-awaited production-sharing agreement with Singapore-listed KrisEnergy to develop the country’s first oil field. ...

Kali Kotoski
http://www.phnompenhpost.com/business/deal-oil-field-finally-signed

KrisEnergy signs oil deal next week

Singapore-based oil and gas company KrisEnergy is scheduled to sign an agreement with the Cambodian government next Wednesday for the extraction of petroleum from Block A to develop the Aspara oil field. ...

Sum Manet
http://www.khmertimeskh.com/5078426/krisenergy-signs-oil-deal-next-week/

KrisEnergy all set to sign petroleum extraction agreement

The government and KrisEnergy, a Singapore-listed oil and gas firm, are set to sign a petroleum agreement this month to pave the way for the company to start the groundwork for the extraction of oil from Bloc A, which is expected to start in 2019, ...

May Kunmakara
http://www.khmertimeskh.com/5077640/krisenergy-set-sign-petroleum-extraction-agreement/

KrisEnergy set to sign oil agreement

Singapore listed oil and gas firm KrisEnergy says it is ready to sign an agreement with the Cambodian government after completing details of a revised sharing contract for the Block A oilfield. ...

May Kunmakara
http://www.khmertimeskh.com/news/37316/krisenergy-set-to-sign-oil-agreement/

Block A oil on track

Last month’s purchase by Singapore-listed KrisEnergy of a 42.75 percent working interest in the Block A offshore energy concession made them a majority owner in the project, with an overwhelming control of 95 percent of the stakes. This acquisition is expected to accelerate the development ...

May Kunmakara
http://www.khmertimeskh.com/news/31655/block-a-oil-on-track/

Oil, gas production not expected before 2018

Cambodia’s oil and gas reserves will not see any production until at least 2018, according to a report by London-based BMI. ...

Post Staff
http://www.phnompenhpost.com/business/oil-gas-production-not-expected-2018

Oil meeting in Siem Reap

The 42nd Asean Council on Petroleum members’ meeting will be held in Siem Reap next month, a senior government official told Khmer Times. The meeting, which will include representatives from the national petroleum companies of the nine other Asean members, plus Cambodia’s Ministry of Mines and ...

May Kunmakara
http://www.khmertimeskh.com/news/28903/oil-meeting-in-siem-reap/

Offshore search for oil on the backburner

Singapore-based oil and gas firm KrisEnergy has not responded to inquiries from the government on when it will start work on the offshore field it has the rights to in the Gulf of Thailand known as Block A. ...

May Kunmakara
http://www.khmertimeskh.com/news/23016/offshore-search-for-oil-on-the-backburner/

City hall to add 600 security cameras throughout the capital

Despite a slew of global investment banks slashing their oil price forecasts this week, KrisEnergy —the Singaporean oil and gas firm with a controlling stake in Cambodia’s most promising offshore oil reserve, Block A—remains committed to helping Cambodia produce its first drop of oil, a ...

Tej Parikh
https://www.cambodiadaily.com/news/krisenergy-committed-to-cambodias-block-a-105341/

KrisEnergy preparing to apply for licence

Singaporean-listed oil and gas firm KrisEnergy is edging closer to finalising its deal with the Cambodian government that will pave the way for extraction from offshore oil field Block A.According to KrisEnergy’s half-yearly financial statement, posted on its website yesterday, terms have been agreed and ...

Ananth Baliga
http://www.phnompenhpost.com/business/krisenergy-preparing-apply-licence

Oil deal before petroleum law

Singaporean energy firm KrisEnergy and the Cambodian government will conclude their long-drawn negotiations for extraction of oil from offshore oil field Block A before the passage of an upcoming law for the petroleum sector. The petroleum law, which will be the country’s first legislation governing ...

Charles Rollet
http://www.phnompenhpost.com/business/oil-deal-petroleum-law

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