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]

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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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