(EnergyAsia, April 29 2014, Tuesday) — Thailand’s state-owned upstream firm PTTEP said it will boost its hydrocarbon production by 17,000 of oil equivalent (boed) with the US$1 billion acquisition of Hess Corp’s stakes in four active blocks in the country. The US firm owns a 15% stake in block B12/27 comprising the Pailin, Morakot and…
THAILAND: PTTEP boosts hydrocarbon reserves and production with US$1 billion acquisition of Hess Corp assets
Posted on April 29, 2014 by EnergyAsia