Chevron, PTTEP bid for Thailand

Chevron, PTTEP bid for Thailand.

Chevron Corp. and PTT Exploration & Production were the only companies bidding for the expiring licenses of Thai Bongkot and Erawan natural gas and condensate fields. Chevron bid with Mitsui Oil Exploration for the Erawan license. The current Bongkot license will expire 2023. The Erawan license will expire in 2022.