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Corporate week in brief: PTTEP beats Chevron to Thai licence extensions

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17 December 2018

Corporate week in brief: PTTEP beats Chevron to Thai licence extensions

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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    Corporate week in brief: PTTEP beats Chevron to Thai licence extensions

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