Valeura secures PTTEP approval for Gulf of Thailand farm-in, expanding offshore footprint

Valeura Energy received approval to acquire partial stakes in two offshore blocks in the Gulf of Thailand from PTTEP, advancing its regional expansion. The deal increases Valeura's exposure to Thai gas assets, though financial terms and block specifics remain undisclosed. This move aligns with Thailand's efforts to boost domestic gas production amid regional energy demand.