24 July 2003 - 10:28
  • News ID: 1575

Chevron Texaco has announced that it purchased a majority stake in an oilfield, offshore the Thai coast from Rio Tinto.

Thaipo, a Thai subsidiary of US producer Pogo Producing is the other main shareholder of the project. The new 80 square kilometer block neighbors fields which are already in possession of Chevron Texaco, Neftegaz.ru reported Wednesday.
News ID 1575

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