Click on the top to follow us(WO) – Mitsui & Co., Ltd., through its wholly owned subsidiary Mitsui Oil Exploration Co., Ltd. (“MOECO”), has made a final investment decision and concluded related contracts together with its business partners regarding an integrated development project (“Block B Project”) encompassing an upstream gas field and a pipeline linking it to a gas-fired thermal power plant complex.The business partners include the Vietnam Oil and Gas Group (“PVN”), a Vietnamese national oil and gas company, PetroVietnam Exploration Production Corporation Limited (“PVEP”), PetroVietnam Gas Joint Stock Corporation (“PV Gas”), and PTT Exploration and Production Public Company Limited (“PTTEP”), a Thai national oil and gas company.The Block B Project will be the next-generation core business for MOECO. MOECO has been participating in this highly competitive project from the exploration phase and the project is expected to yield stable earnings in the long-
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