Offshore staff
NORTH SYDNEY, Australia – Pan Pacific Petroleum has agreed to sell its subsidiary in Vietnam to Repsol for $5 million.
The transaction involves the transfer of a minor interest in block 07/03 in the Nam Con Son basin in the South China Sea.
PPP decided it preferred to deploy its capital in affordable investment opportunities rather than committing to a single large investment in theCRD field development in the block.
04/19/2017
