Valeura Energy takes FID on Bussabong gas Phase 1 development offshore Thailand

Valeura took FID with PTTEP to launch Phase 1 development of the Bussabong gas field in Thailand’s offshore Block G3/65. Net capex for facilities, installation, pipelines seen at about USD 35 million in 2027-2028; drilling 25 wells adds USD 20-25 million. First gas targeted for end-2028; sales gas output guided at 30 mmcf/d in 2029, rising to 40 mmcf/d in 2030. Project ties two wellhead platforms to PTTEP’s Bongkot processing hub via a 9 km pipeline, avoiding new processing build. Block interest transfer to Valeura, a 40% non-operated stake, expected as an administrative step in late September or early October 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Valeura Energy Inc. published the original content used to generate this news brief on September 22, 2026, and is solely responsible for the information contained therein. (C)