Thailand's PTT Pcl is interested in bidding for a stake in the SK316 offshore gas block in Malaysia's state of Sarawak, Chief Executive Thewin Wongwanich says.
|
![]() |
---|---|
Thailand's PTT Pcl is interested in bidding for a stake in the SK316 offshore gas block in Malaysia's state of Sarawak, Chief Executive Thewin Wongwanich said on Wednesday. Reuters reported on Monday that Malaysian state-owned oil and gas firm Petronas aimed to sell a large minority stake in its prized upstream local gas project for up to $1 billion. "Petronas are interested in selling SK316 and we are interested because this is an upstream business," Thewin told reporters in Bangkok. Thewin said the board of PTT, the parent company of PTT Exploration and Production PCL (PPTEP), had approved 199 billion baht ($5.7 billion) for investment over the next four years, especially in the petroleum business. (By Reuters l Reporting by Manunphattr Dhanananphorn l Editing by Clarence Fernandez) |
Home >> Career Resource >> FAQ
Thailand's PTT Interested In Petronas Offshore Gas Stake
Related Career Resource
By : Reuter l Reporting by Mark Tay l Editing by Henning Gloystein and Tom Hogue | February 22, 2017
By : Reuters l Reporting by Karolin Schaps l Editing by David Goodman | May 04, 2017
By : Reuters l Reporting by Anshuman Daga and Gloystein Henning in SINGAPORE l Additional reporting by A. Ananthalakshmi in KUALA LUMPUR, Jessica Jaganathan in SINGAPORE, Satawasin Staporncharnchai in BANGKOK and Osamu Tsukimori in TOKYO l Editing by Muralikumar Anantharaman | April 26, 2017
By : Reuters l Reporting by Jane Chung in SEOUL l Additional reporting by Florence Tan, Olga Yagova and Libby George l Editing by Joseph Radford | March 15, 2017