BANGKOK--Thailand's PTT Exploration and Production, a subsidiary of state-owned energy conglomerate PTT, won a bid to explore and produce gas from two blocks in the Gulf of Thailand, beating the only competitor Chevron (Thailand) Holdings.
Energy Minister Siri Jirapongphan said the cabinet has approved the result of the bid, which gives PTTEP the right to operate gas exploration and production in the Erawon and Bongkot gas blocks.
