Exploration & Production

Bidders line up for Thailand’s giant gas fields

Bidding is set to open on the expiring Bongkot and Erawan contracts in late April, and the fields look set to attract a broad mix of interested parties Bidding is set to open on the expiring Bongkot and Erawan contracts in late April, and the fields look set to attract a broad mix of interested parties.
By Damon Evans 12 April 2018 0 30390
A Bongkot field platform A platform in the Bongkot field. (Shell)

Thailand is set to open bidding for its giant Erawan and Bongkot gas fields by late April or early May. The Energy Ministry is expected to officially announce the terms for the auction of the legacy fields on 24 April, a government spokesperson told Interfax Natural Gas Daily

The Department of Mineral Fuels, a division of the the Energy Ministry that oversees Thailand’s upstream sector, has set strict bidding criteria. But many companies have already expressed their interest in the auction, Jean-Baptiste Berchoteau,...