KrisEnegy orders platform for Cambodia’s maiden oil development

Southeast Asia-focused oil and gas company KrisEnergy has signed a Letter of Award with Profab for the supply of a minimum facilities wellhead platform for the Apsara oil field, Cambodia’s maiden oil development.

Profab, a National Oilwell Varco company, will be responsible for the procurement, and the fabrication and construction of the jacket, topsides, and other related accessories for the Mini-Platform, including full pre-commissioning and loading onto a barge for transportation. The work will be undertaken at Profab’s facility on Batam Island, Indonesia.

The Apsara field in Cambodia Block A lies over the Khmer Basin, an unproduced geological basin in the Cambodian maritime waters of the Gulf of Thailand. Due to the unproven production performance of the basin, the 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, KrisEnergy said,

This development phase, Mini Phase 1A, comprises the Mini-Platform and five initial development wells connected to the Ingenium II production barge for oil, gas and water processing. Shuttle tankers will transport crude oil from the barge. Apsara oil is scheduled to flow in the first half of 2020 and the field is expected to reach a peak rate of 7,500 barrels of oil per day.

Kelvin Tang, Chief Executive Officer and President of KrisEnergy’s Cambodian operations, said: “Mini Phase 1A forms an integral part of the original Phase 1A plan which comprises a larger platform, 20 wells, the production barge and floating storage and offloading vessel. Mini Phase 1A simplifies the development with a smaller platform, fewer wells and the use of lower-cost lease shuttle tankers and will allow us to observe reservoir performance efficiently and effectively to evaluate the long-term potential of the Apsara field. We have completed a vast array of background preparation to bring all elements of the development together in the shortest possible timeframe.”

Detailed structural design and process engineering for the Mini-Platform are being provided by Offshore Construction Specialists Pte Ltd.

Offshore Energy Today Staff

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