Valeura Stops Wassana Field Production in Gulf of Thailand

June 27, 2024

Valeura Stops Wassana Field Production in Gulf of Thailand
Ingenium MOPU (Credit: Valeura)

Canada-based oil and gas company Valeura Energy has suspended production at its fully-owned Wassana field, offshore Thailand, due to the damage on mobile offshore production unit (MOPU) identified during routine inspection.

During a scheduled underwater inspection of the field's Ingenium MOPU facility, a crack was identified within one of its steel jack-up legs. 

The company believes such an anomaly may potentially pose a risk to the structural integrity of the MOPU.

Therefore, as a precautionary measure in line with safety standards, Valeura has decided to suspend production operations at the Wassana field while further inspection and analysis is conducted.

The company has stressed that there has been no incident in relation to this development, and hence no adverse impact to people or the environment.

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 second quarter 2024 operations update, which it intends to announce in July 2024.

Intervention, Not Exploration: How Jack-ups Help Unlock Value

May 1, 2026

Intervention, Not Exploration: How Jack-ups Help Unlock Value

US Naval Blockade Hammers Iran Oil Exports, Forces Floating Storage

May 1, 2026

US Naval Blockade Hammers Iran Oil Exports, Forces Floating Storage

JDR Nets Subsea Umbilicals Deal for Australian Gas Project

April 30, 2026

JDR Nets Subsea Umbilicals Deal for Australian Gas Project

API-NOIA Reports Benefits of Expanding South-Central Gulf Energy Development

April 30, 2026

API-NOIA Reports Benefits of Expanding South-Central Gulf Energy Development

Petrobras Starts Up P-79 FPSO Ahead of Schedule

May 3, 2026

Petrobras Starts Up P-79 FPSO Ahead of Schedule

Equinor Extends Drilling Agreements for Norwegian Continental Shelf

May 4, 2026

Equinor Extends Drilling Agreements for Norwegian Continental Shelf