Thailand’s PTT, PetroVietnam and China’s CNOOC Expand In Algeria
Thai state firm PTT, along with its partners PetroVietnam and Chinese state firm CNOOC, is leading Asian state firms’ expansion in Algeria. The firm has made several discoveries, whilst PetroVietnam’s Bir Seba project is set for early-2014 production.
PTT has so far notched up four, albeit modest, successes among the five wells so far drilled in its nine-well late 2011 to...