Offshore staff
(Asia-Pacific) - Chevron has signed two offshore petroleum exploration concessions with the Department of Mineral Fuels.
Block G4/48, located in the Gulf of Thailand, covers 504 sq km close to Chevron's Tantawan and Plamuk fields.
It is wholly owned and operated by Chevron.
Block G9/48 covers 252 sq km and lies northeast of the Arthit field in the Gulf of Thailand.
Under the agreement, PTT Exploration and Production is the operator and holds an 84% interest in the block. Chevron holds the remaining 16%.
03/27/06
