Thailand’s national upstream company PTTEP has again revised upwards its 2021 targeted sales volumes after reaching first gas from the Block H project offshore Sabah, East Malaysia and completion of its stake acquisition in BP’s Block 61 project in Oman.
These two projects added to the company’s sales volumes in the first quarter as well as to its upward revision to 405,000 barrels of oil equivalent per day this year.
The completion of the acquisition in Oman’s Block 61 and first gas from Malaysia’s Block H project have been accomplished faster than expected, PTTEP chief executive Phongsthorn Thavisin said on Wednesday.
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