Tag Archives: pttep

Shell scraps sale of $900m Thai gas field stake to KUFPEC

EBR Staff Writer Published 04 October 2017 Royal Dutch Shell has scrapped its $900m deal to divest its stake in the Bongkot gas and condense field in Thailand to a subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC). The parties … Continue reading

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PTTEP divests 50% participating interest in Myanmar MD-7 project

March 09, 2017 01:00 By THE NATION PTT EXPLORATION and Production has entered a partnership agreement with Total E&P Myanmar to divest its 50-per-cent participating interest in the Myanmar MD-7 Project, while PTTEP remains the operator of the project. The … Continue reading

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Shell’s Divestment Push Reaches Thailand in $900 Million Sale

by Dan Murtaugh January 31, 2017, 12:41 PM GMT+8 Kuwait Petroleum unit to buy 22.2% stake in Bongkot gas field Sale is part of Shell’s $30 billion divestment program Royal Dutch Shell Plc will sell its stake in an offshore … Continue reading

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Indonesian government freezes PTTEP licenses

4 December 2016 03:31   Kupang, East Nusa Tenggara (ANTARA News) – The Indonesian government has finally decided to freeze the licenses and assets of PTT Exploration and Production (PTTEP) operations in Indonesia. “This is an extraordinary step that we … Continue reading

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Chevron says no plan to exit Thailand, may keep stake in Myanmar gas field

Aug 19, 2016 REUTERS Chevron is committed to its Thailand investments despite job cuts that have spurred rumours of the U.S. oil major’s exit, and may keep a Myanmar gas field stake if no attractive offer is made for the … Continue reading

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Thai PTTEP gets to operate SK410B block in Malaysia

Malaysia’s Petronas has awarded a Production Sharing Contract (PSC) to Thai PTTEP, Kuwait’s KUFPEC, and Malaysia’s Petronas Carigali Sdn Bhd for the exploration Block SK410B. The PSC was signed at Petronas Twin Towers, in the presence of the President and CEO of Petronas, Zulkiflee Wan Ariffin. … Continue reading

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Southeast Asian NOCs Adapt to Lower Oil Prices

by  Cheang Chee Yew|Rigzone Staff|Thursday, February 12, 2015 Southeast Asian national oil companies (NOCs) are adjusting their business operations to deal with the current slump in oil market after years of sustained high price of more than $100 a barrel. … Continue reading

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