PTTEP to purchase Partex to expand Middle East presence - News Summed Up

PTTEP to purchase Partex to expand Middle East presence


Partex is a well-established oil and gas company with a long presence in the Middle East of over 80 years. Total oil production volume in 2018 was approximately 610,000 barrels per day (BPD) which accounted for around 70 per cent of Oman’s total oil production. Total oil production volume in 2018 was approximately 120,000 BPD which accounted for around 13 per cent of Oman’s total oil production. Partex now holds a 2 per cent interest in the gas processing plants that have a combined processing capacity of 1.2 BCFD. Total oil production volume in 2018 was approximately15,000 BPD.


Source: The Nation Bangkok June 18, 2019 03:56 UTC



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