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PTTEP acquires a 50% participating interest in Block A-18 of the Malaysia-Thailand Joint Development Area (MTJDA) which is ...

The base consideration for the acquisition was $450m (Bt14.58bn), subject to normal purchase price adjustments.

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PTTEP has secured full control of Block A-18 in the MTJDA for $450M, boosting regional energy security. Exciting times ahead!