Logo of Phnom Penh Post newspaper Phnom Penh Post - KrisEnergy survey completed

KrisEnergy survey completed

Content image - Phnom Penh Post
Shearwater Geoservices deployed its vessel, the SW Vespucci, to carry out a 1,200sq km 3D seismic survey of Cambodia’s offshore Block A for Singapore-based KrisEnergy Ltd. Shearwater Geoservices

KrisEnergy survey completed

Singapore-based KrisEnergy Ltd, which operates Cambodia’s offshore Block A, has completed a 1,200sq km 3D seismic survey of the block, according to the company’s press release on Friday.

The survey was completed on time and without any health, safety or environmental incidents said the release.

On June 25, KrisEnergy announced Shearwater Geoservices Singapore Pte Ltd had been awarded the turnkey broadband seismic contract through the wholly-owned subsidiary, KrisEnergy (Apsara) Company Limited.

Shearwater Geoservices deployed its vessel, the SW Vespucci, to carry out the survey.

KrisEnergy investor relations and corporate communications vice-president Tanya Pang told The Post on Sunday that the survey data has been sent for processing.

“The data will provide valuable information of the subsurface over two distinct areas – partially the Apsara development area and also a large portion of Block A where there has been very little data so far and has good potential for further hydrocarbon discoveries,” she said.

She said the data from the Apsara development area will be used to refine the drilling of the development wells in the field.

However, Pang could not provide the exact date that the Kingdom’s first drop of oil would be extracted.

“We cannot state a definite date for the first oil as there are many stages to the project that are interdependent, notwithstanding issues outside of our control such as weather. But we will continue to work all processes in parallel,” she said.

KrisEnergy claimed in March that it will be able to meet its schedule to extract its first drop of oil “late this year”.

The company owns 95 per cent of the Apsara oil field in Block A, while the Cambodian government owns the remaining five per cent.

MOST VIEWED

  • Wing Bank opens new branch in front of Orkide The Royal along Street 2004

    Wing Bank celebrates first anniversary as commercial bank with launch of brand-new branch. One year since officially launching with a commercial banking licence, Wing Bank on March 14 launched a new branch in front of Orkide The Royal along Street 2004. The launch was presided over by

  • Girl from Stung Meanchey dump now college grad living in Australia

    After finishing her foundational studies at Trinity College and earning a Bachelor’s degree from the University of Melbourne in 2022, Ron Sophy, a girl who once lived at the Stung Meanchey garbage dump and scavenged for things to sell, is now working at a private

  • Ministry using ChatGPT AI to ‘ease workload’; Khmer version planned

    The Digital Government Committee is planning to make a Khmer language version of popular artificial intelligence (AI) technology ChatGPT available to the public in the near future, following extensive testing. On March 9, the Ministry of Post and Telecommunications revealed that it has been using the

  • Wat Phnom hornbills attract tourists, locals

    Thanks to the arrival of a friendly flock of great hornbills, Hour Rithy, a former aviculturist – or raiser of birds – in Kratie province turned Phnom Penh tuk tuk driver, has seen a partial return to his former profession. He has become something of a guide

  • Ministry orders all schools, public and private, to close for SEA Games

    From April 20 to May 18, all public and private educational institutions will be closed to maintain order and support Cambodia's hosting of the 32nd SEA Games and 12th ASEAN Para Games, said a directive from the Ministry of Education, Youth and Sport. Cambodia will host the

  • Almost 9K tourists see equinox sunrise at Angkor Wat

    Nearly 9,000 visitors – including 2,226 international tourists – gathered at Angkor Wat on March 21 to view the spring equinox sunrise, according to a senior official of the Siem Reap provinical tourism department. Ngov Seng Kak, director of the department, said a total of 8,726 people visited Angkor Wat to