Malaysia’s Sapura Energy nets $118M in contracts with long-term Thai clients
Malaysian oil & gas services provider Sapura Energy has secured new contracts with Chevron’s Thailand subsidiaries, as well as with Thai national oil & gas company PTT Exploration and Production (PTTEP), that together have a value of over RM 500 million (roughly $118 million).
PTTEP enlarges gas portfolio in Southeast Asia with new acquisition
PTT Exploration and Production Public Company Limited (PTTEP), Thailand’s national oil and gas player, has made a play for a stake, which Hess Corporation, now part of Chevron, holds in a block that is part of a natural gas and condensate production project between Malaysia and Thailand.
