page contents

Thai company PTTEP in takeover of major Malaysian oil business

The deal, worth $ 2.1 billion ( Bt67 billion) was reported to the Stock Exchange of Thailand late on Thursday and was struck through the purchase by PTTEP's subsidiary company, PTTEP HK Offshore Ltd, of equity in two subsidiaries of Murphy; Murphy Sarawak Oil Co Ltd (Murphy Sarawak) and Murphy Sabah Oil Co Ltd (Murphy Sabah).

Those two Murphy companies currently hold 5 projects: 2 producing, 1 development and 2 exploration projects ¬- with total estimated proved and probable reserves (2P) of approximately 274 million barre…
Business News

Leave a Reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close