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The project, 330 km (205 miles) off southwest Vietnam, will comprise a gas field and a pipeline linking it to a gas-fired thermal power plant. Mitsui is making the investment through its unit Mitsui Oil Exploration (MOECO). Its partners are state oil and gas group Vietnam Oil and Gas Group (PVN), PetroVietnam Exploration Production Corp, PetroVietnam Gas Joint Stock Corp and Thailand's PTT Exploration and Production Public Company.

Japanese trading house Mitsui & Co said on Friday it has reached a final investment decision to develop Vietnam's Block B gas field…

Japanese trading house Mitsui & Co said it has reached a final investment decision to develop Vietnam's Block B gas field, with its share of development cost of about $740 MM.

PTT Exploration and Production Public Company Limited (OTCMKTS:PEXNY – Get Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $25.75 and traded as low as $23.50. PTT Exploration and Production Public shares last traded at $23.50, with a volume of […]

PTT Exploration and Production Public Company Limited (OTCMKTS:PEXNY – Get Free Report) announced a dividend on Friday, February 2nd, NASDAQ reports. Stockholders of record on Friday, February 16th will be paid a dividend of 0.276 per share on Thursday, May 2nd. The ex-dividend date is Thursday, February 15th. This is a positive change from PTT […]