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KrisEnergy (Apsara) and KrisEnergy (Cambodia) have entered a credit facility agreement with Kepinvest Singapore covering a loan of up to $87 million.
KrisEnergy anticipates first oil from the Apsara field development in block A offshore Cambodia around mid-year.
KrisEnergy has contracted Fugro for geotechnical investigations for the Apsara oil field project in block A offshore Cambodia.
First steel has been cut for the minimum facilities wellhead platform (MiniPlatform) for Cambodia’s first offshore oilfield development.
KrisEnergy has issued an update on its Apsara oilfield development in Cambodia’s offshore block A.