Cases & Deals

PTTEP acquires 34% of E&E Algeria Touat from Engie International Corporation

Client(s) PTT Exploration and Production Public Company Limited

Jones Day advised PTT Exploration and Production Public Company Limited ("PTTEP") in the acquisition of 34% of the shares of E&E Algeria Touat B.V. from Engie International Corporation B.V. Upon completion, the transaction resulted in PTTEP acquiring an indirect 22.1% interest in the Touat gas production project in Algeria. The remaining interests in the Touat project are held indirectly by ENI SpA and Sonatrach SpA.