Outlook upbeat for Andaman oil auction

Quick Summary:

Energy officials are optimistic about finding new petroleum fields in the Andaman Sea following the successful discovery of petroleum in the lower part of the Andaman, says the Department of Mineral Fuels (DMF).

With more recent advanced technology in the E&P field, Mr Warakorn said he believes companies can successfully discover petroleum.

In May 2024, the company announced the second successful discovery of gas at the Tangkulo-1 well, also located in the South Andaman.

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Article Details

Category: EconomyBusiness

Markets: ThailandIndonesiaMyanmarUnited Arab Emirates

Topics: Petroleum Thailand Exploration Energy Sites Successful Production Andaman Companies Coast Offshore

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-18 @ 04:00:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 405 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25231159

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News Last Updated: 8 hours ago

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