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Home›Business & Finance›KrisEnergy’s Apsara platform on its way to Gulf of Thailand
Business & Finance

August 26, 2020 · about 6 years ago

KrisEnergy’s Apsara platform on its way to Gulf of Thailand

KrisEnergy’s minimum facilities wellhead platform for the Apsara oil development offshore Cambodia Block A has been completed and the topsides and jacket are being transported to Cambodian waters in the Gulf of Thailand for installation.

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Apsara oil development

KrisEnergy’s minimum facilities wellhead platform (Mini-Platform) for the Apsara oil development offshore Cambodia Block A has been completed and the topsides and jacket are being transported to Cambodian waters in the Gulf of Thailand for installation.

Fabrication of the Mini-Platform for Cambodia’s maiden oil field development started in early December 2019 at NOV’s PT Profab1 facility on Batam Island, Indonesia.

Loadout and sail away of the structures were completed on 25 August 2020, KrisEnergy said on Wednesday.

Kelvin Tang , KrisEnergy’s Chief Executive Officer and President of KrisEnergy’s Cambodian operations, said: “From first steel cutting to sail away has been nine months and this landmark is made all the more remarkable given the difficulties and restrictions our project team and our NOV Profab colleagues have faced since early 2020 as a result of the coronavirus pandemic.

“Thanks to the enormous efforts of all parties involved, including suppliers and contractors who have overcome logistical hurdles to keep deliveries of equipment and materials on track to the Batam facility from across the globe, we continue to advance towards our target of first Apsara oil before the end of the year”.

Kim Lamb , NOV Profab’s Managing Director said: “Both the NOV and the KrisEnergy project teams worked closely together, adopting a fully integrated team approach to deliver a quality platform which is a true testimony of the dedication of all involved”.

The Apsara field in Cambodia Block A lies over the Khmer Basin, an unproduced geological basin in Cambodian maritime waters of the Gulf of Thailand.

Due to the unproven production performance of the basin, development of the Apsara area will be in several phases to mitigate risk and provide time for the collection and analysis of critical data to be applied in future phases.

The Mini Phase 1A development comprises the Mini-Platform and five initial development wells connected to the Ingenium II production barge for oil, gas and water processing.

The Mini Phase 1A Apsara development is expected to reach a peak rate of 7,500 barrels of oil per day.

The Apsara oil was previously scheduled to flow in the first half of 2020.

In related news, KrisEnergy has also recently hired a jack-up drilling rig operated by PV Drilling for drilling operations on the Apsara development.

The rig was hired to drill five development wells on the Apsara Mini-Phase 1A development.

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