PTTEP, through a wholly-owned subsidiary PTTEP HKO, has successfully completed the Lang Lebah-2 appraisal well in the Sarawak SK 410B Project. The drilling result registers a new record for PTTEP’s largest gas discovery.
- PTTEP confirms its largest-ever gas euro-petrole.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euro-petrole.com Daily Mail and Mail on Sunday newspapers.
bp agrees to sell interest to PTT Exploration and Production Public Company Limited for $2.6B
bp will remain operator of Block 61, with 40% interest
Agreement marks another significant step in bp’s divestment programme
bp has agreed to sell a 20% participating interest in Oman’s Block 61 to PTT Exploration and Production Public Company Limited (PTTEP) of Thailand for a total consideration of $2.6B. Following completion of the sale, bp will remain operator of the block, holding a 40% interest.
Subject to approval from the Sultanate of Oman and partners, the deal is expected to complete during 2021. The agreed total consideration of $2.590B comprises $2.450B payable on completion (subject to final adjustments) and $140M payable contingent on pre-agreed future conditions.
Well, that escalated quickly.
Source: Bloomberg
.but as the way wore on the squeeze faded, but still SLV (the silver ETF) was up almost 14% in the last 3 days - the biggest jump since early August.
In the latest outrage provoking example of police overreach and brutality to go viral, the Rochester Police Department in New York are under scrutiny after last Friday officers responded to a family disturbance call which ended up in the police pepper-spraying a deeply distraught 9-year old girl as they tried to detain her.
Amid a public outcry the department released two videos from body cameras. Especially driving public anger is the fact that the child was already handcuffed when an officer sprayed her with pepper-spray at close range. This occurred after an apparent struggle while the child was begging for her father to come, and as she was already in the backseat of the police car, but one female officer struggled to get her to put her feet into the vehicle.Â