Logo of Phnom Penh Post newspaper Phnom Penh Post - PMs fly to Enterprise ship

PMs fly to Enterprise ship

PMs fly to Enterprise ship

C o-Prime Ministers HRH Prince Norodom Ranariddh and HE Samdech Hun Sen made

their first visit to one of two offshore oil drilling operations in Cambodian

territorial waters last week.

Departing Phnom Penh in separate

helicopters, the premiers flew 150 km south of Kompong Som where Enterprise Oil

spudded its first exploratory well in mid-January using the "Canmar Explorer

III", an Ice-class oil exploration ship most recently in service in the Arctic

Ocean.

Prince Ranariddh and Hun Sen were hosted by Enterprise's

International Operations Director Ed Harris, who flew out from London.

Commenting on the firm's three-year presence in Cambodia Harris said

"our current well program is the culmination of a $20 million investment

program."

Enterprise one of the largest foreign investors in the

Kingdom.

Harris added that he was "very impressed with the progress made

on political and economic stability in the country, this will increase the

confidence of international companies like Enterprise Oil."

The company

plans to drill to depths in excess of 3,000 meters below the ocean floor after

which results will be analyzed before any decisions on future exploration or

production efforts are made.

MOST VIEWED

  • Omicron patients can stay home: PM

    The Ministry of Health has issued a directive on the treatment of people who have tested positive for the highly transmissible Omicron coronavirus variant, following a suggestion from Prime Minister Hun Sen on the night of January 21. The directive permits home quarantine for those who

  • The effects of the USD interest rate hike on Cambodian economy

    Experts weigh in on the effect of a potential interest rate expansion by the US Federal Reserve on a highly dollarised Cambodia Anticipation of the US Federal Reserve’s interest rate hike in March is putting developing economies on edge, a recent blog post by

  • Cambodia’s first ever anime festival kicks off Jan 22 at capital’s F3 centre

    Phnom Penh's first ever Anime Festival will bring together fans, artists, shops and other local businesses with ties to the Japanese animation style for cosplay competitions, online games, pop-up shops and more on January 22, with Friends Futures Factory (F3) hosting. F3 is a project that

  • Demining rat ‘hero’ Magawa dead at 8

    A landmine-hunting rat that was awarded a gold medal for heroism for clearing ordnance from the Cambodian countryside has died, his charity said on January 11. Magawa, a giant African pouched rat originally from Tanzania, helped clear mines from about 225,000sqm of land – the equivalent of 42

  • Hun Sen gets 4th Covid shot, urges compatriots to follow

    Prime Minister Hun Sen and his wife Bun Rany on January 14 received their fourth dose of Covid-19 vaccine and called on compatriots to follow suit as the Omicron coronavirus variant continues to spread in the community. This marks the launch of Cambodia's fourth-dose vaccination campaign,

  • Fourth dose Covid booster drive jabs 43K in two days

    In the first two days of the fourth-dose Covid-19 vaccination campaign, more than 43,000 people volunteered to get the jabs, while over 4.6 million people have received a third shot. Health ministry spokeswoman Or Vandine said that fourth-dose vaccinations, which began on January 14 exclusively with the Pfizer