Gulf Oil and Gas accountACCOUNT

PTTEP Signs Technical Evaluation Agreement with Bahrain

Source: www.gulfoilandgas.com 5/28/2005, Location: Middle East

PTT Exploration and Production Public Company Limited (PTTEP) will sign the Technical Evaluation Agreement to jointly carry out technical studies and evaluation for hydrocarbon potential in Block 1 & 2 offshore the Kingdom of Bahrain. Both blocks are situated offshore in the North-West of Bahrain and cover a total area of 5,117 square kilometers. The 1-year geological and geophysical work program will cover extensive petroleum systems assessment, seismic reprocessing test and detailed interpretation.

On May 27, 2005, Mr. Maroot Mrigadat, PTTEP President will sign the agreement with H.H. Sheikh Salman Bin Khalifa Al Khalifa, Vice Chairman of the Bahrain Petroleum Company (BAPCO), the national oil company of Bahrain, witnessed by H.E. Mr. Viset Choopiban, Minister of Energy. The signing, being held in Bangkok, is a major step to strengthen PTTEPís presence and expanding its exploration and development ventures in Bahrain and the Arabian Gulf which enriched with high petroleum potential.

PTTEP President Mr. Maroot Mrigadat said "The Kingdom of Bahrain and the Kingdom of Thailand already have a longstanding relationship. This cooperation marks another milestone in the building of strong bilateral relationship particularly in the energy sector between the two nations. PTTEP is very pleased to be able to jointly study and evaluate the hydrocarbon potential of the blocks with BAPCO. Should the study be successful and lead to an Exploration Production Sharing Agreement (EPSA), we will discuss with BAPCO and the Government of the Kingdom of Bahrain for further work program in great details."

Exploration News in Bahrain >>

United Kingdom >>  10/22/2020 - The Directors of 88 Energy Limited provide the following report for the quarter ended 30 September 2020.

Highlights

...

Norway >>  10/20/2020 - Follow the presentation of the report live on npd.no on 27 October, at 10:00.

Among other things, the report presents an up-to-date estimat...


Mexico >>  10/15/2020 - In keeping with the Trump Administrationís goal of strengthening Americaís energy independence, the Bureau of Ocean Energy Management (BOEM) Acting Di...
Trinidad and Tobago >>  10/14/2020 - Touchstone Exploration has completed drilling the Chinook-1 exploration well on the Ortoire exploration block, onshore in the Republic of Trinidad and...

Turkey >>  10/14/2020 - UK Oil & Gas (UKOG) has announced that, further to its 23 July release, it has now successfully executed the participation agreement (i.e. farmin agre...
Morocco >>  10/13/2020 - Sound Energy, the Moroccan focused upstream gas company, reports a 24 month extension to the initial period of the Sidi Moktar Permits, onshore Morocc...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Bahrain Oil & Gas 1 >>  2 |

Oil & Gas Projects in Bahrain >>

More News

Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.