July 10, 2014 5:42 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Northern Gulf Petroleum Pte Ltd.

Company Overview

Northern Gulf Petroleum Pte Ltd. offers oil and gas exploration and production services. It owns and operates Manora oil discovery and Rossukon single well oil discovery. The company is based in Thailand. As of October 13, 2010, Northern Gulf Petroleum Pte Ltd. operates as a subsidiary of Tap Oil Ltd.



Key Executives for Northern Gulf Petroleum Pte Ltd.

Northern Gulf Petroleum Pte Ltd. does not have any Key Executives recorded.

Northern Gulf Petroleum Pte Ltd. Key Developments

Mubadala Petroleum Services Company, Tap Energy (Thailand) Pty Ltd. and Northern Gulf Petroleum Pte Ltd. Approve Development of Oil Field in the Northern Gulf of Thailand

Mubadala Petroleum Services Company and its co-concessionaires have approved the development of an oil field in the northern Gulf of Thailand. The company announced that it hopes to begin production from the Manora field in early 2014, with peak production of 15,000 barrels a day within a few months of operation. The project is expected to cost $246 million. Through its Pearl Oil affiliates, Mubadala Petroleum holds a 60% interest in the G1/48 concession and is the operator. The remaining interest is held by Tap Energy (Thailand) Pty Ltd. (30%) and Northern Gulf Petroleum Pte Ltd. (10%). The initial development phase will consist of 10 production wells and five water injection wells targeting the primary reservoir. Mubadala Petroleum is expected that a further 8.3 million barrels (gross), currently categorised as contingent resources, will be added to the reserves base, adding the exploitation of Manora's potential secondary reservoirs will occur in subsequent years.

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