Norton Rose Fulbright advises PTTEP and Pertamina on US$1.3 billion Indonesian oil & gas acquisition
Norton Rose Fulbright is advising PTT Exploration and Production Public Company Limited (PTTEP) and Pertamina Hulu Energy (a subsidiary of Pertamina) on acquiring all of Hess's Indonesian oil & gas producing assets for total consideration of US$1.3 billion.
This transaction is one of the largest acquisitions in the Indonesian oil and gas space to date, it comprises two significant participating interests in the Natuna Sea A Project and the Pangkah Project.