Apsara Oil Pipeline

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The Apsara Oil Pipeline is an operating crude oil pipeline in Cambodia.[1][2]

Location

The pipeline runs from the Apsara oil field in the Gulf of Thailand to four offshore platforms.[2]

Project Details

  • Operator: Valeura Energy Inc[2]
  • Owner: Valeura Energy Inc (95%), Government of Cambodia (5%)[3]
  • Parent company: KrisEnergy (95%), Government of Cambodia (5%)[3]
  • Capacity: 7,500 bpd[4]
  • Length: 4 mi / 6.5 km[2]
  • Diameter:
  • Status: Operating[3]
  • Start year: 2020[3]
  • Cost:
  • Financing:
  • Associated infrastructure:

Background

In May 2018 Singaporean company KrisEnergy released tenders for the construction and commissioning of the pipeline, which would consist of 5-km of gathering pipelines, and a 1.5-km pipeline to Apsara Platform A.[5] In April 2019 it was reported that the production from the Apsara field would begin in 2020.[6] In April 2020 KrisEnergy entered a credit facility agreement with Kepinvest Singapore for a loan of up to US$87 million for the project.[4] In December 2020, KrisEnergy announced that Block A has commenced operation.[3]

KrisEnergy was liquidated in 2022.[7][8] Valeura Energy Inc, of Canada, acquired KrisEnergy's assets in Thailand, and this is presumed to be the case for Apsara Oil Pipeline, as well.[9]

Articles and resources

References

  1. ↑ KrisEnergy to extract Cambodia’s first oil in 2019, Southeast Asia Globe, Oct. 20, 2017
  2. ↑ 2.0 2.1 2.2 2.3 "Apsara Oil Field". Offshore Technology.{{cite web}}: CS1 maint: url-status (link)
  3. ↑ 3.0 3.1 3.2 3.3 3.4 "KrisEnergy brings Cambodia oilfield onstream". Energy Connects. 2021-04-23. Retrieved 2022-02-13.
  4. ↑ 4.0 4.1 KrisEnergy secures loan for Apsara oil project offshore Cambodia, Offshore, May 1, 2020
  5. ↑ KrisEnergy releases EPCIC Tender for the Apsara Oil Field Project, Mentor IMC Group, May 29, 2018
  6. ↑ Keppel progressing Apsara production barge, Upstream Online, Apr. 10, 2019
  7. ↑ "https://www.quantumainternational.com/insights/liquidation-singapore-based-oil-and-gas-company". {{cite web}}: External link in |title= (help)CS1 maint: url-status (link)
  8. ↑ Evans, Damon (2022-04-29). "Valeura Energy buys Thai oil assets from bankrupt KrisEnergy". Energy Voice. Retrieved 2025-01-13.
  9. ↑ MarketScreener (2022-06-15). "Valeura Energy Inc. completed the acquisition of KrisEnergy International Holdings Ltd from KrisEnergy Ltd. - MarketScreener". www.marketscreener.com. Retrieved 2025-01-13.

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External resources

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