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
23 June 2025
Jet fuel will play crucial role in oil consumption growth even with efficiency gains and environmental curbs, with geopolitical risks highlighting importance of plentiful stocks
23 June 2025
A blockade of the Strait of Hormuz would have reverberations that would sound around the world
20 June 2025
The scale of energy demand growth by 2030 and beyond asks huge questions of gas supply especially in the US
20 June 2025
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs
