Statoil and PTTEP sign MoU for future cooperation

Statoil signed a Memorandum of Understanding (MoU) with PTT Exploration and Production (PTTEP) of Thailand.
Last November, Statoil agreed to sell to PTTEP a 40% stake in its Kai Kos Dehseh Canadian Oil Sands asset, forming a strong partnership with PTTEP. The MoU builds on this partnership and opens the door for further cooperation between the two companies.
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Source: Your Oil & Gas News