Thailand's PTT Exploration and Production Public Co. Ltd. (PTTEP) announced Monday that the company had signed a memorandum of understanding (MOU) July 10 with Oman Oil Co. Exploration and Production (OOCEP), a subsidiary of Oman Oil Co. S.A.O.C. (OOC), to share information and experience in relevant areas and exchange technical information and data to identify and progress areas of mutual interests in the upstream oil and gas sector.
PTTEP President and CEO Somporn Vongvuthipornchai and OOC CEO Isam Bin Saud Al Zadjali signed the MOU.
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Headline crude prices for the week beginning 12 November 2018 – Brent: US$71/b; WTI: US$60/b
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