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Bangkok Post
Bangkok Post
Business

PTTEP to sell stake in Angolan oil block

PTTEP Angola Oil PTT Exploration and Production Plc
The Erawan gas field, operated by PTTEP, in the Gulf of Thailand.

PTT Exploration and Production Plc (PTTEP) has announced the divestment of a 2.5% share in an oil project in Angola as it plans to direct funds to other regions.

The company is in the process of selling the shares in Block 17/06 to Sociedade Petrolífera Angolana SA, also known as Somoil.

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