PTTEP acquires 34% of E&E Algeria Touat from Engie International Corporation
Client(s) PTT Exploration and Production Public Company Limited
Jones Day is advising 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. Once completed, the transaction will result 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.