Thai oil and gas company PTT Exploration and Production Pcl (PTTEP) said on Thursday it has not yet been able to reach agreement with Chevron about accessing the Erawan gas field in the Gulf of Thailand before it takes over the concession from the U.S. oil major next year. State-backed PTTEP had wanted to access the field this year to set up operations in preparation for starting production there next year. Transitions between concessions on oil fields are often collaborative, but delays in talks between PTTEP and Chevron come amid a dispute between Chevron and the Thai government over who should pay for removing offshore assets in the gas field.
Williams Companies Inc said on Wednesday it had reached an agreement with Shell Offshore Inc and Chevron USA Inc to provide offshore natural gas gathering and crude oil transportation services for the Whale development project. Royal Dutch Shell last month announced plans to develop a new oilfield in the Gulf of Mexico. The Whale development, operated by Shell which owns 60% of the project, alongside Chevron Corp with 40%, is expected to reach peak production of around 100,000 barrels of oil equivalent per day (boed).
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