PTTEP acquires a 9.998% indirect stake in Malaysia's SK408 gas and condensate block through a deal with TotalEnergies.

PTTEP, via its subsidiary, has acquired a 49.99% stake in TotalEnergies' subsidiary AzurVista Resources, resulting in an indirect 9.998% interest in the producing SK408 gas and condensate block offshore Malaysia.

This strategic investment strengthens PTTEP's presence in a key Southeast Asian market and immediately boosts its petroleum production and reserves, leveraging a long-standing partnership with TotalEnergies.

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