February 01, 2021
BP will sell a stake in an Omani gas block to Thailand’s national energy firm for $2.6 billion, part of a push to divest billions of dollars of assets and focus more on renewable energy.
December 21, 2020
Weir Oil & Gas Dubai signed a five-year $70 million contract with Thailand's PTT Exploration and Production, a subsidiary of state-owned energy conglomerate PTT, to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand.
Danos has been awarded a contract by Shell Exploration and Production Company to provide coatings for Shell’s deepwater Appomattox platform in the Gulf of Mexico.
January 31, 2018
Shell Integrated Gas Thailand Pte Ltd. and Thai Energy Company Ltd., affiliates of Royal Dutch Shell Plc, have agreed to an asset sale of their 22.2222% interest in Bongkot field and adjoining acreage offshore Thailand to PTT Exploration & Production Public Company Limited (PTTEP) and PTTEP International Limited.
As exploration efforts go into deeper, hotter and more remote offshore basins, the need for more advanced downhole drilling and logging tools is palpable. Accordingly, a new LWD toolstring that provides real-time downhole data, while withstanding 410°F temperatures, has been developed and tested in the harsh Gulf of Thailand.
With a dense population and, therefore, a growing energy demand, Southeast Asia relies heavily on the oil and gas industry. This urgency has given rise to the region’s E&P efforts during an industry downturn, as producers have been forced to contend with low prices and aging fields.