Freshfields Bruckhaus Deringer and Herbert Smith Freehills have advised as Thailand oil and gas giant PTT Exploration and Production (PTTEP) has bought Hess' Thailand assets for $1bn.
April 23, 2014 at 12:38 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer and Herbert Smith Freehills have advised as Thailand oil and gas giant PTT Exploration and Production (PTTEP) has bought Hess’ Thailand assets for $1bn.
The company, which is the exploration and production affiliate of Thailand’s state-owned energy company PTT, said in a statement today it would acquire 100% equity stakes of Hess subsidiaries, which own minority stakes in two Thai oil and gas blocks.
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