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OIL & GAS

Horizon Oil strikes $30m Thai gas deal in bold Southeast Asia push

ExxonMobil asset buy cements Horizon’s expansion into fast-growing regional energy markets

Rueben Hale
The Nam Phong gas processing plant in Thailand.

The Nam Phong gas processing plant in Thailand. | Credits: Horizon Oil

Horizon Oil has struck a US$30 million deal to acquire ExxonMobil's controlling interest in two producing onshore gas fields in Thailand, marking its entry into southeast Asia and advancing its strategy...

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