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Corporate week in brief: PTTEP beats Chevron to Thai licence extensions
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Report summary
PTTEP has won the auction to operate Thailand's Erawan and Bongkot PSCs, ahead of Chevron. PTTEP's production will increase by 35% by 2023, though economics will be challenging. Also covered this week: • bpTT sanctions two major projects • Investor activism at EQT • No outlook surprises from Hess or COP, but Pioneer announces massive buyback • M&A: INPEX ups interest in Ichthys as Total tapers; QP partners Eni in Mexico • Exploration: Eni discovery in Angola; Total adds acreage in Mauritania • Energy Transition: Equinor and Shell win wind licenses
Table of contents
- Lead story: PTTEP beats Chevron to Thai licence extensions
- Companies: BP, Repsol, EQT, Pioneer, Hess, ConocoPhillips
- M&A: Total, INPEX, Eni
- Exploration: Total, Eni
- Energy Transition: Equinor, Shell
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