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ASIA

PTTEP buys up Hess subsidiaries

THAILAND state-owned oil comapny PTTEP has signed $US1 billion ($A1.07 billion) worth of share pu...

Andrew Snelling

The buy-up translates to increased interests for PTTEP in key assets, amounting to an extra 17,000 barrels of oil equivalent to the company per day. HTH and HETC have 15% interests in Blocks B12/27 and...

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