The Thai upstream company confirmed that Total is taking up a half share in its Moattama basin block and that it would be retaining operatorship.
PTTEP last year completed a 3D seismic survey on the acreage in the deep-water area of the Gulf of Moattama (also known as the Gulf of Martaban) to aid prospect selection. Exploration drilling is now on the cards and could start as early as this year, according to one local source.
“The