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PTTEP ponders Nigerian oil concession bid
NIGERIA, Sept. 24 - PTTEP, the exploration arm of Thailand's national energy conglomerate PTT Plc., is almost set to bid for oil exploration licensing in Nigeria and may form a joint venture with other foreign oil firms, a senior PTTEP executive said.
In what is billed as one of Nigeria's biggest bids for oil exploration licenses, PTTEP executive Pairoj Raengphonsamrit said the Thai company is studying terms of the bid and evaluating political risks in the African country.
Pairoj is......
