WSP Holdings Limited, a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction (”Oil Country Tubular Goods” or “OCTG”), and other pipes and connectors, today announced that its wholly-owned subsidiary, Wuxi Seamless Oil Pipes Company, Limited (”WSP China”), [...]

Thailand and Oman will cooperate in exploring for natural gas and oil fields in third countries, with Myanmar being the first target, Thai Energy Minister Piyasvasti Amranand said Monday.
The plan is a follow-up step following PTT Exploration and Production’s (PTTEP) commencement in producing natural gas and condensate from Oman’s Shams field last week.
PTTEP is the [...]

Senior Energy Ministry officials, led by Minister Piyasvasti Amaranand, will pay a five-day visit to three Middle East countries this week and explore for ways to increase petroleum investment by two Thai government-run oil firms.
Mr. Piyasvasti will visit Oman, Qatar and the United Arab Emirates (UAE) February 8-12 intending to follow-up projects jointly undertaken [...]

Bangchak Petroleum yesterday posted a huge net loss of Bt1.54 billion for the third quarter, due mainly to a change in the method the company uses to account for its inventory costs.
It posted a net profit of about Bt1.1 billion in the corresponding period last year.
However, its consolidated earnings for the quarter recorded a net [...]

Thailand’s petroleum giant, PTT Public Company Limited (PTT), has successfully discovered a new petroleum source in an offshore concessionary area in neighbouring Myanmar.
Mr. Maroot Mrigadat, President of PTT Exploration and Production Public Company Limited (PTTEP), an affiliate of PTT, announced on Wednesday that the company had discovered the potential petroleum source in the sea, about [...]