Wassana

Offshore heavy crude oil field located in the southern portion of the Pattani basin, Gulf of Thailand. Property comprises Licence G10/48, held under a 20-year production licence expiring in December 2035. Acquired via the Mubadala Acquisition in March 2023. Production is supported by the MOPU Ingenium and the MT Jaka Tarub crude oil storage vessel. A final investment decision was made in May 2025 to redevelop the field via a new-build central processing platform facility, targeting first oil in Q2 2027, to achieve higher production rates and develop satellite accumulations.