PTTEP’s drilling offshore Malaysia stokes China’s ire

December 3, 2021

Dateline 2021-11-15, Energy Voice:

China has again been contesting Malaysian oil and gas activity in the South China Sea. This time Beijing has been targeting Thai state-backed upstream player PTT Exploration & Production’s (BKK:PTTEP) upstream drilling operations offshore Sabah.

A Chinese survey ship, the Da Yang Hao, was sent to waters within Malaysia’s continental shelf to carry out its own survey. “The apparent trigger for its deployment were the activities of the West Capella, a drillship no stranger to oil and gas standoffs, contracted since July by Thailand’s PTTEP for drilling in the Siakap North Petai oil field in Malaysia’s Block K,” the Asia Maritime Transparency Initiative (AMTI) said in its latest report.