PTTEP awards OCTG contract to Vallourec in Myanmar

PTTEP, Thailand's national oil exploration & production company, awarded Vallourec the contract to deliver over 3,000 tons of OCTG for its Myanmar M9 West exploration well; a challenging HP/HT (high pressure/high temperature) offshore field in the Gulf of Martaban, approximately 300km from Yangon.

Statoil, PTTEP split Canadian oil sands interests

Statoil and PTT Exploration and Production completed the agreement to divide their respective interests in the Kai Kos Dehseh (KKD) oil sands project in northeast Alberta, Canada, in May.
Statoil now owns 100% and continues as operator of the Leismer and Corner development projects with PTTEP owning and operating 100% of the Thornbury, Hangingstone and South Leismer areas.