Abu Dhabi's Mubadala Petroleum and its partners will start developing the Manora concession in the Gulf of Thailand and aim to start production in early 2014, Mubadala said in on Monday.
Located in the northern part of the Gulf Of Thailand, the Manora field was discovered in 2009, with a primary reservoir estimated to have proved and probably reserves of 20.2 million barrels, Mubadala said in a statement.
The project, worth $246 million, is operated by Pearl Energy, Mubadala Petroleum's subsidiary focused on southeast Asia.
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