After many faded hopes, Oil and Gas exploration in Cambodia revitalised with PetroVietnam subsidiary set to drill in October for KrisEnergy

[geovalin]

Cambodia’s nascent and struggling oil and gas industry has been given another boost after KrisEnergy released a statement earlier in the week stating that construction of the minimum facilities wellhead platform (“mini-platform”) for the Apsara oil development offshore Cambodia Block A is completed and the topsides and jacket are being transported to Cambodian waters in the Gulf of Thailand for installation.

 

More positive news came when PetroVietnam Drilling & Well Service Corporation (PV Drilling)’s rig PV Drilling III will implement its contract to drill five new wells for Kris Energy in Cambodia for three months, starting October, vietnamplus.vn reports.

Setting sail on a journey that could lead to Cambodia’s first oil production. KrisEnergy 

Meanwhile, the rig PV Drilling II will start a 100-day drilling campaign in Viet Nam from September, according to the corporation. It said from August 2020, the number of tenders for oil drilling this year in Viet Nam as well as the Southeast Asian region have become scarce with 26 out of 61 jack-up rigs in the region unemployed.

 

read more https://www.khmertimeskh.com/50758402/after-many-faded-hopes-oil-and-gas-exploration-in-cambodia-revitalised-with-petrovietnam-subsidiary-set-to-drill-in-october-for-krisenergy/