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The Algeria 433a and 416b

The project production volume averaged 18,885 BPD.
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Algeria Hassi Bir Rekaiz

The project’s development plans are being prepared to be submitted to the Algerian government within 2017.
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PTTEP Australasia

The Montara Field Sales Volume for the first quarter of 2017 averaged 10,653 BPD, in line with the production plans. For The Cash Maple Field is carrying out the Pre-FEED study for further preparation of the development plans, and completion is expected by the end of 2017
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The Barreirinhas AP1

The project is in the process of evaluating the basin’s petroleum potential through study of 3D seismic data.
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BM-ES-23

The study of petroleum potential for the preparation of the future development plan is ongoing.
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The Mozambique Rovuma Offshore Area 1

The project made progress in the negotiation of key contracts with the government of Mozambique which have now been officially promulgated and enacted, and has received official approval for the Resettlement Action Plan. The project is currently in the process of finalizing the LNG off-take agreements, and negotiating for project finance with financial institutions to support the Final Investment Decision (FID) for the project.
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Myanmar M3

The feasibility study and commercial the evaluation of resource potential are ongoing.
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Myanmar M11

The project is being assessed for the fields’ resource potential.
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Myanmar MD-7

The project is being assessed for the fields’ resource potential.
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Vietnam 16-1

The crude oil sales volume averaged 20,206 BPD. The project has begun the production of crude oil from 3 new wells as planned in order to maintain production levels, and is in the process of drilling additional appraisal and development wells that expect completion within the second quarter of 2017.
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Phase

Exploration

Investment Type

PTTEP as Joint Venture Partner

Exploration and Production

Mozambique Rovuma Offshore Area 1 Project
Type of Business Exploration and Production
Concessions Rovuma Offshore Area 1
Area 4,981 square kilometers
Location Mozambique Offshore
Operator Anadarko
Petroleum Fields Prosperidade, Golfinho-Atum, Orca, Tubarao and Tubarao-Tigre
Type of Petroleum LNG
Signing Date January 1, 2007
Production Start-up
Phase Exploration
Investment Type PTTEP as Joint Venture Partner

Partners & Share

Rovuma Offshore Area 1

Anadarko
26.5%
Mitsui E&P Mozambique Area 1 Limited
20%
Empresa Nacional de Hidrocarbonetos, EP (ENH)
15%
BPRL Ventures Mozambique B.V. (BPRL)
10%
ONGC Videsh Limited (OVL)
10%
BEAS Rovuma Energy Mozambique Limited (BREML)
10%
PTTEP Mozambique Area 1 Limited (PTTEP MZA1)
8.5%

Project Progress :

Year :

2016

Quarter 1

The project is currently in the process of negotiation for project finance, as well as progress in other areas of development plan, such as securing long-term LNG sales agreements.

Quarter 2

The project is currently in the process of negotiation for project finance, including working closely with financial institutions to provide additional information.

Quarter 3 The project is currently in the process of negotiation for project finance, including working closely with financial institutions to provide additional information. Quarter 4 The project is currently in the process of finalizing the LNG off-take agreement, and negotiating for project finance with financial institutions, and is targeted to announce the Final Investment Decision (FID) for the project by the end of 2017.

2017

Quarter 1 The project made progress in the negotiation of key contracts with the government of Mozambique which have now been officially promulgated and enacted, and has received official approval for the Resettlement Action Plan. The project is currently in the process of finalizing the LNG off-take agreements, and negotiating for project finance with financial institutions to support the Final Investment Decision (FID) for the project.