Fossil Energy – Suspension
Valeura Energy announced the suspension of production at its 100% owned Wassana field, offshore Gulf of Thailand.
During a scheduled underwater inspection of the field’s production facility, the mobile offshore production unit Ingenium, a crack was identified within one of the MOPU’s steel jack-up legs.
The Company believes such an anomaly may potentially pose a risk to the structural integrity of the MOPU.
Out of the abundance of caution, and in keeping with its strict standards for safety, the company has chosen to suspend production operations at the Wassana field while further inspection and analysis is conducted.
Valeura is working with a team of internal and external experts to define the optimal course of action and will provide an update in due course, including by way of a Q2 2024 operations update, which it intends to announce within the second week of July 2024.
