Chevron pledges smooth transfer of Thai gas field to PTTEP

Chevron pledges smooth transfer of Thai gas field to PTTEP

Chevron’s recently-appointed president Chatit Huayhongtong has pledged to ensure a smooth transfer of its Erawan gas field, now facing a legal dispute, to Thai upstream company PTT Exploration and Production (PTTEP), reported the Bangkok Post.

In February, state-backed PTTEP reported it was having difficulty accessing the Chevron-operated Erawan gas field to install production facilities as planned, ahead of a handover next year.

The management of PTTEP warned of a potential risk to an efficient transition at the Erawan project offshore Thailand, if a dispute between Chevron and the Department of Mineral Fuels is not resolved by mid-2021.