Thailand's PTT Exploration and Production said it acquired full ownership of Block A-18 in the Malaysia-Thailand Joint Development Area from Chevron in a $450M deal.

The base consideration for the acquisition was $450m (Bt14.58bn), subject to normal purchase price adjustments.

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PTTEP acquired 50% participating interest in Block A-18 of the Malaysia–Thailand Joint Development Area in the Gulf of ...

“As part of the integration, we will consolidate or eliminate some positions. As required by the WARN Act, Chevron has ...