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PTT Exploration and Production

Company Summary

Description

PTT Exploration and Production Public Company Limited is a national petroleum exploration and production company based in Thailand.

Website

https://www.pttep.com/en/Aboutpttep.aspx

Operational Regions

  • Asia

Related Entities

Recent news

  • 4/10/2024 - Chevron Concludes... (subscriber access)
  • 1/21/2022 - Chevron & TotalEnergies... (subscriber access)
  • 2/1/2021 - BP Selling 20% Stake in... (subscriber access)
  • 3/21/2019 - Murphy Oil Reports... (subscriber access)

Company Transactions

Date: 6/30/2021
Type: Acquisition

BUYERS:
  • PTT Exploration and Production
    • SELLERS:
  • BP PLC
    • ASSETS:
  • Khazzan Gas Development
    • PROJECTS:
  • Ghazeer Development Project (Khazzan Phase 2)
  • Khazzan Gas Field Development - Phase 1
    • DETAILS:

    COST: 2.6 $B

    NOTES:
    BP has reached a deal to sell a 20% stake in Oman's Block 61 to Thailand's PTT Exploration and Production Public Company Limited for $2.6 ‎billion. BP will retain operatorship and a 40% interest in the asset. Closing is expected in 2021.
    REGIONS:
  • Middle East

    • Date: 1/1/2019
    Type: Acquisition

    BUYERS:
  • PTT Exploration and Production
    • SELLERS:
  • Murphy Oil Corporation
  • Murphy Sabah Oil Co., Ltd.
  • Murphy Sarawak Oil Co., Ltd.
    • DETAILS:

    COST: 2.1 $B

    VOLUMES: 129 MMBOE

    NOTES:
    Murphy Oil reported the sale of its two primary Malaysian subsidiaries, Murphy Sabah Oil and Murphy Sarawak Oil to PTT Exploration and Production Public Company for $2.1 billion.
    REGIONS:
  • Asia