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S'pore KrisEnergy to up investment plans for drawing oil next year


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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.

 

The Singapore-based energy company secured a petroleum licence for Block A from the Cambodian government in August last year, allowing it to pull oil from the 3,083-square-kilometre plot in the Gulf of Thailand.

 

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

 

 
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-- © Copyright Phenom Pen Post 03/05
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