PTTEP Creates Subsidiary to Carry Out E&P in Vietnam
PTT Exploration and Production Public Company Limited (PTTEP) has established a subsidiary to carry out petroleum exploration and production related activities in Vietnam.
PTTEP Southwest Vietnam Pipeline Company Limited, established on January 14, 2010, with registered capital of US $50,000, consisting of 50,000 ordinary shares at US $1 each, with 100% shareholding by PTTEP Holding Company Limited (a subsidiary of PTTEP).
Operates 3 Offshore Rigs
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