French oil and gas company Total SA plans to expand its operations in Thailand next year by bidding for oil and gas concessions. Total Exploration & Production Thailand will also seek to strengthen its partnership with PTT Exploration & Production, the Thai state oil company.
Total entered the Thai sector in 1989 through joint exploration of the Bongkot field with PTTEP. It also has an interest in Myanmar's Yadana natural gas field. Total is interested in exploring both onshore and offshore fields, depending on how the Ministry of Energy determines the bids for each field. The French company is also willing to swap some of its fields abroad for PTTEP stakes in other fields.