Middle East Economic Survey


No 23



PTTEP Signs Technical Evaluation Deal For Offshore Blocks 1, 2

Thailands PTT Exploration and Production (PTTEP) announced on 29 May the signing of a technical evaluation agreement for the offshore Blocks 1 and 2 in Bahrain. The two are situated to the north and northwest of Bahrain and cover a total area of 5,117 sq km. PTTEP will carry out a one-year geological and geophysical work program which will include seismic reprocessing and...