PTTEP – BOL News Staging

Thai, Malaysian firms pull out of Myanmar gasfield project

April 29, 2022 by Shehroze Aqueeque

PTTEP, Thailand’s oil and gas company, and Petronas, Malaysia’s oil and gas conglomerate, announced their withdrawal from Myanmar’s Yetagun gas project on Friday. After last year’s military takeover and related charges of human rights violations, big energy corporations such as Chevron and TotalEnergies have left Myanmar. According to a local monitoring group, over 1,800 civilians … Read more

PPL-led E&P consortium forms new firm in Abu Dhabi

October 20, 2021June 24, 2021 by Web Desk

KARACHI: The Pakistan Petroleum Limited (PPL)-led consortium of companies has incorporated a special purpose vehicle (SPV) in Abu Dhabi, a prerequisite to qualify for the award for the exploration block, a bourse filing reported on Thursday. A consortium comprising Pakistan’s leading exploration and production companies, including Mari Petroleum Company Limited (MPCL), Oil and Gas Development … Read more

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