Press Esc to close

WorldOil

World Oil News Center



PTT Exploration & Production sets 2013-2017 capex budget at $14.77 billion

BANGKOK -- Thailand' s PTT Exploration & Production has set its five-year capital expenditure and operating expenditure budgets for 2013-2017 at $14.77 billion and $9.90 billion respectively.

The company set its total budget for 2013 at $5.81 billion, $3.95 billion of which will be capex and the remainder operating expenditure, it said in a statement to the Stock Exchange of Thailand.

Most of the estimated budget this year will be used for petroleum production activities at existing projects as well as exploration and development activities overseas, including projects in Australia, Myanmar, Algeria and Mozambique, the statement said.

Dow Jones Newswires

01/21/2013

 

Bookmark and Share


WO DATA HUB

EngineeringTablesIcon-Large

Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.

WO SUPPLEMENTS

2013 Fracturing Technology

2013 Fracturing Technology

MEDIA CENTER

By Digital Publisher

Drill Bit Classifier World Oil published its renowned Drill Bit Classifier in September 2013. The Drill Bit Classifier is a comprehensive listing of major manufacturers' d...

ENERGY EVENTS

Upcoming Events