The winners of the 2013 offshore round are preparing for large energy exploration programs this year, as the process of signing production sharing contracts is now finished.
On the 31st of August 2015, ASCOPE Secretariat team, under the supervision of Mr. Nopporn Chuchinda (ASIC) has conducted a courtesy visit to PetroVietnam. On this occasion, ASIC has introduced ASCOPE five-year working program in order to seek guidance from Vietnam National Committee Chaiman, Dr. Nguyen Quoc Thap and ASCOPE working groups.
MALAYSIA and Brunei have finalised matters related to oil and gas exploration in the overlapping area in Blocks CA1 and CA2, Malaysia’s Prime Minister Datuk Seri Najib Tun Razak said yesterday.
Thailand is likely to start its 21st round of petroleum exploration this year, expecting to grant licences to upstream petroleum investors by next month, says the Mineral Fuels Department.
PTT Plc has announced plans to buy 1 million tonnes of liquefied natural gas (LNG) per year each from Shell and BP for 15-20 years.
Nuttachat Charuchinda, chief operating officer of PTT's upstream petroleum and gas business group, said the executive board had already approved the purchase plan, with the first lot due to be delivered by mid-2016