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March 25, 2023
KrisEnergy has hired the Dutch offshore survey services provider Fugro to carry out a geotechnical survey at the Apsara oil field…
October 16, 2022
Southeast Asia-focused oil company KrisEnergy has agreed to transfer its Block 115/09 offshore Vietnam to an undisclosed international oil company…
May 7, 2022
Independent upstream oil and gas company KrisEnergy said first steel has been cut for the minimum facilities wellhead platform…
May 13, 2021
Share The Kingdom extracted its first drop of crude oil on December 28 from the A-01D well – part of the five-well mini-platform featured in KrisEnergys “Mini-Phase 1A” development. MINISTRY OF MINES AND ENERGY Kingdom seeks buyers for crude amid discouraging production Thu, 13 May 2021 The government and Singaporean oil exploration firm KrisEnergy Ltd are actively working together to find markets for the crude oil produced offshore Cambodia and to plan for further steps in resource devel...
April 23, 2021
Vultures start to circle Singapore’s KrisEnergy Singapore’s KrisEnergy is on the verge of collapse and eagle-eyed investors, seeking assets at bargain prices, are preparing to pick over the company’s carcass. However, given KrisEnergy’s recent dismal performance in Cambodia, there is not much left of interest. Updated: 23/04/2021, 8:54 am At work: KrisEnergy Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. T...
April 21, 2021
21 April 2021 4:58 GMT Updated 21 April 2021 5:03 GMT Singapore independent KrisEnergy said its financial restructuring plan is no longer viable due to the sub-standard production performance of its Apsara oilfield offshore Cambodia. KrisEnergy had been banking on revenue from oil production at Apsara to steer it through a protracted restructuring exercise but, on 31 March 2021, the company announced that production and the ultimate field recovery factor were significantly lower than exp...
February 25, 2021
Share Drilling for hope - Can Apsara oil rescue KrisEnergy and fuel Cambodia’s economy? Thu, 25 February 2021 The Kingdom’s maiden oil project has two roles to play - to save a bleeding firm and to grow an economy The future of the Cambodian oil sector rests squarely on KrisEnergy Ltd’s shoulders, a promise it has had to make good since 2013. Just under a decade last year with the first extraction three days shy of the December 31 deadline to produce or risk contract cancellation, it fulf...
December 30, 2020
Cambodia: KrisEnergys Apsara oil field comes onstream 04 Jan 2021 First Apsara oil flows on 28 December 2020 from the A-01D well, one of five development wells in the Mini Phase 1A project. Production is expected to reach a peak rate of approx. 7,500 bopd once the drilling program is completed in mid-February 2021. KrisEnergy has announced that Cambodias first oil field in the offshore Cambodia Block A concession commenced production on December 28 2020. The Aspara field began flowing from a s...
December 29, 2020
KrisEnergy Ltd. has announced that Cambodias first oil field in the offshore Cambodia Block A concession has come onstream via the A-01D well. KrisEnergy Ltd. has announced that Cambodia’s first oil field in the offshore Cambodia Block A concession has come onstream via the A-01D well. The well in the Apsara field is one of five development wells in the Mini Phase 1A project. Production at the development is expected to reach a peak rate of approximately 7,500 barrels of oil per day once the ...
December 29, 2020
KrisEnergy : Cambodias maiden Apsara oil field comes onstream édité le 29/12/2020 - Plus de news de "KrisEnergy" - Voir la fiche entreprise de "KrisEnergy" KrisEnergy Ltd. is pleased to announce that Cambodias first oil field in the offshore Cambodia Block A concession, commenced production on 28 December 2020. The Apsara field began flowing from a single development well and the flow rate will take at least 24 hours to stabilise. Production will increase to plateau as four additional wel...