Apsara Field
The Apsara field is a subsea oil field in Cambodian waters in the central Gulf of Thailand. Oil was discovered in the area in the early 2000s, but was produced only briefly in the early 2020s before the project collapsed after failing to meet production targets. History In 2002, Chevron acquired development rights to the region, and discovered oil in 2004. Chevron was unable to negotiate financial terms with the Cambodian government to develop the field, and in 2014 sold its rights to a region, including what would be developed as the Apsara field, to Singapore-based KrisEnergy for $65 million. In August 2017, KrisEnergy and Cambodia announced that wells would be drilled in the field in the following years, with Cambodia taking a 5% ownership stake in the field, which would be the first to produce oil within the country. Apsara was expected to yield about $500 million for the government from a production of about 30 million barrels of oil over nine years. At the time, KrisEnergy ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Oil Field
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Petroleum reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs, the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods. Oil field An oil field is an area of accumulation of liquid oil underground in multiple (potentially linked) reservoirs, trapped as it rises by impermeable rock formations. In industrial terms, an o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cambodia
Cambodia (; also Kampuchea ; km, កម្ពុជា, UNGEGN: ), officially the Kingdom of Cambodia, is a country located in the southern portion of the Indochinese Peninsula in Southeast Asia, spanning an area of , bordered by Thailand to the northwest, Laos to the north, Vietnam to the east, and the Gulf of Thailand to the southwest. The capital and largest city is Phnom Penh. The sovereign state of Cambodia has a population of over 17 million. Buddhism is enshrined in the constitution as the official state religion, and is practised by more than 97% of the population. Cambodia's minority groups include Vietnamese, Chinese, Chams and 30 hill tribes. Cambodia has a tropical monsoon climate of two seasons, and the country is made up of a central floodplain around the Tonlé Sap lake and Mekong Delta, surrounded by mountainous regions. The capital and largest city is Phnom Penh, the political, economic and cultural centre of Cambodia. The kingdom is an elective co ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Gulf Of Thailand
The Gulf of Thailand, also known as the Gulf of Siam, is a shallow inlet in the southwestern South China Sea, bounded between the southwestern shores of the Indochinese Peninsula and the northern half of the Malay Peninsula. It is around in length and up to in width, and has a surface area of . The gulf is surrounded on the north, west and southwest by the coastlines of Thailand (hence the name), on the northeast by Cambodia and the Mekong Delta region of Vietnam, and opens to the South China Sea in the southeast. Names The modern Thai name of the gulf is ''Ao Thai'' ( th, อ่าวไทย, , 'Thai Gulf') and "Gulf of Thailand" has been adopted as the official name of the body by the International Hydrographic Organization. Its name in Malay is he "Gulf of Siam", ''Teluk Siam'', and in km, ឈូងសមុទ្រសៀម'', Chhoung Samut Siem''. In Thai, the gulf is historically known as ''Ao Sayam'' ( th, อ่าวสยาม). In Vietnamese it is known a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chevron Corporation
Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron traces its history back to the 1870s. The company grew quickly after the breakup of Standard Oil by acquiring companies and partnering with others, especially Texaco. Socal was one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s. In 1985, Socal merged with the Pittsburgh-based Gulf Oil and rebranded as Chevron; the newly-merged company later merged with Texaco in 2001. Today, Chevron manufactures and sells fu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Jackup Rig
A jackup rig or a self-elevating unit is a type of mobile platform that consists of a buoyant hull fitted with a number of movable legs, capable of raising its hull over the surface of the sea. The buoyant hull enables transportation of the unit and all attached machinery to a desired location. Once on location the hull is raised to the required elevation above the sea surface supported by the sea bed. The legs of such units may be designed to penetrate the sea bed, may be fitted with enlarged sections or footings, or may be attached to a bottom mat. Generally jackup rigs are not self-propelled and rely on tugs or heavy lift ships for transportation. Jackup platforms are almost exclusively used as exploratory oil and gas drilling platforms and as offshore and wind farm service platforms. Jackup rigs can either be triangular in shape with three legs or square in shape with four legs. Jackup platforms have been the most popular and numerous of various mobile types in existence. The ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Batam
Batam is the largest city in the province of Riau Islands, Indonesia. The city administrative area covers three main islands of Batam, Rempang, and Galang (collectively called Barelang), as well as several small islands. Batam Island is the core urban and industrial zone, while both Rempang Island and Galang Island maintain their rural character and are connected to Batam Island by short bridges. Batam is an industrial boomtown, an emerging transport hub, and part of a free trade zone in the Indonesia–Malaysia–Singapore Growth Triangle, located off Singapore's south coast and also part of the Indonesia–Malaysia–Thailand Growth Triangle. According to Statistics Indonesia's 2020 census, Batam had a population of 1,196,396, making it the third largest city in the region of Sumatra, after Medan and Palembang. It is the closest part of Indonesia to Singapore, at a minimum land distance of 5.8 km. During the 2010 national census, Batam was the fastest-growing munici ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Fossil Fuels In Cambodia
A fossil (from Classical Latin , ) is any preserved remains, impression, or trace of any once-living thing from a past geological age. Examples include bones, shells, exoskeletons An exoskeleton (from Greek ''éxō'' "outer" and ''skeletós'' "skeleton") is an external skeleton that supports and protects an animal's body, in contrast to an internal skeleton (endoskeleton) in for example, a human. In usage, some of the ..., stone imprints of animals or microbes, objects preserved in #Resin, amber, hair, petrified wood and DNA remnants. The totality of fossils is known as the ''fossil record''. Paleontology is the study of fossils: their age, method of formation, and evolutionary significance. Specimens are usually considered to be fossils if they are over 10,000 years old. The oldest fossils are around 3.48 billion years old to 4.1 billion years old. Early edition, published online before print. The observation in the 19th century that certain fossils were a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |