COMPANY NEWS: Unocal expands natural gas-based assets in Thailand

10/14/2002
Unocal Thailand Ltd., a unit of Unocal Corp., said it will purchase all of the shares of Amoco Thailand Petroleum LLC, the Thai unit of BP America Production Co.Amoco Thailand is operator and 50% owner of the concession covering Blocks 5 and 6 in the gas-prone Thai-Cambodian Overlapping Claims Area (OCA) in the Gulf of Thailand.In other recent company news:CNOOC Ltd. agreed to buy a 12.5% stake in the reserves and upstream production of the Tangguh joint LNG project in Indonesia from BP PLC in what CNOOC calls an acquisition "complementary to its natural gas strategy."Williams Cos. Inc. has reached an agreement to sell its ownership interest in the Canadian and US segments of Alliance Pip...
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