Valeura CEO Sean Guest
Canada’s Valeura eyes fresh deals after Thai expansion
The company is also working to sustain output from its Thai-focused portfolio into the 2030s
“Last year was all about closing the Mubadala and KrisEnergy deals,” paying off debt and “bringing three companies together”, explained Sean Guest, CEO of Toronto-listed Valeura. The Canadian company acquired bankrupt Singaporean firm KrisEnergy’s Thai assets, as well as the Thai portfolio of the local subsidiary of the UAE’s Mubadala Energy, in a pair of deals that has refocused the company on Southeast Asia and greatly increased its production. Integration of the acquired assets is now complete, stated Guest. As a result, Valeura now has four fields—Wassana, Manora, Jasmine and Nong Yao—in Thai waters. But upon acquisition, their respective reserve life indices were “a concern among the in
Also in this section
27 February 2026
LNG would serve as a backup supply source as domestic gas declines and the country’s energy system comes under stress during periods of low hydropower output and high energy demand
27 February 2026
The assumption that oil markets will re-route and work around sanctions is being tested, and it is the physical infrastructure that is acting as the constraint
27 February 2026
The 25th WPC Energy Congress to take place in tandem as part of a coordinated week of high-level ministerial, institutional and industry engagements
27 February 2026
The deepwater sector must be brave by fast-tracking projects and making progress to seize huge offshore opportunities and not become bogged down by capacity constraints and consolidation
