561 results found for 'pttep'

561 results found for 'pttep'
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  • PTTEP, Petronas’ 35-year gas deals bolster Thailand-Malaysia energy security axis

    27 August 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    Thailand’s state-owned upstream oil and gas company PTTEP and Malaysia’s national energy company Petronas have signed multi-year production-sharing and gas sales agreements for an offshore development in the Malaysia-Thailand Joint Development Area (MTJA), strengthening the two countries’ long-term energy security and securing gas supplies for both markets.

  • OneSubsea gets its third contract with PTTEP in 12 months

    11 March 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders

    OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured its third contract with PTT Exploration and Production Public Company Limited (PTTEP), Thailand’s national oil & gas player, in 12 months, covering a deepwater project offshore Malaysia. OneSubsea has been awarded an engineering, procurement, and construction (EPC) contract by PTTEP Sabah Oil […]

  • Cross‑border partnership sets its cap on offshore oil recovery boost

    4 June 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    Malaysia’s state-owned oil and gas heavyweight Petronas has joined forces with regional partners to jointly evaluate opportunities for improved and enhanced oil recovery (IOR/EOR) in offshore acreages.

  • More offshore drilling work for Seadrill rig trio in US Gulf and Malaysia

    10 August 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Seadrill, a Bermuda-headquartered offshore drilling contractor, has obtained multimillion-dollar deals and extensions of existing assignments for a semi-submersible rig and two drillships in the Americas and Asia.

  • OneSubsea to buy Norwegian firm’s subsea business

    13 March 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Research & Development, Vision

    OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, is expanding its technology and research and development (R&D) capabilities with the acquisition of the subsea business of Norway-based Envirex Group. SLB reported on March 12 that the OneSubsea JV had entered into an agreement for the acquisition, as a result of which Envirex Group […]

  • Valeura charters Shelf Drilling’s 19-year-old rig

    22 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Canadian oil & gas company Valeura Energy has chartered a jack-up drilling rig owned by UAE-based Shelf Drilling for multi-year work in the Gulf of Thailand. The Enterprise jack-up rig has been chartered for a three-year term which runs until December 31, 2029. Valeura Energy has an option on the start date and is currently […]

  • New EPC contract for OneSubsea, this time offshore China

    17 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    China National Offshore Oil Corporation (CNOOC) has awarded OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, with an integrated engineering, production, and construction (EPC) contract for subsea production systems for a deepwater field development. The contract encompasses 20 wells and will see OneSubsea deliver standardized subsea production technology that includes dual electric […]

  • Middle East oil supply disruption spurs Thailand to zero in on domestic production

    5 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Canada-based Valeura Energy, an oil and gas company, is seeking further insight from Thailand regarding the Southeast Asian country’s recent request to oil producers to postpone planned downtime at oil production facilities and temporarily suspend crude oil exports.

  • Borr Drilling’s CEO: Middle East conflict brings uncertainty but empowers long-term rig outlook

    21 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has secured 13 contracts year-to-date, enhancing its backlog by adding 2,250 days and $274 million in jack-up rig deals.

  • 25 rigs out of Borr Drilling’s 29-strong fleet either on hire or with jobs lined up

    19 February 2026
    Business & Finance, Business Developments & Projects

    Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has landed multiple new work assignments in Africa, Southeast Asia, and North America. As a result, 25 of our 29 rigs are either contracted or committed, with six in Southeast Asia, five in the Middle East and North Africa, another five in West Africa, three in Europe, and six in the Americas.

  • TotalEnergies reboots $20 billion LNG project after years-long hiatus

    29 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    France’s energy giant TotalEnergies has hit the reset button for the construction of a multibillion-dollar liquefied natural gas (LNG) development off the coast of Mozambique. The reignition comes almost five years after the project was put on ice, with force majeure declared in April 2021.

  • ADNOC casts the die for gas project as FID seals path to development

    8 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    The UAE’s energy heavyweight Abu Dhabi National Oil Company (ADNOC) has put the pen to paper for its ambition to boost its natural gas arsenal by propelling a gas project off the coast of Abu Dhabi, UEA, into execution phase with a final investment decision (FID).

  • Petronas hands out more work to Vantris offshore Malaysia

    7 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Sapura Offshore, an indirect wholly-owned subsidiary of Malaysia’s oil and gas services provider Vantris Energy, formerly known as Sapura Energy, has secured new work orders for offshore transportation and installation (T&I) activities off the coast of Malaysia.

  • $11 billion financing in place for giant offshore gas project

    6 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    ADNOC, in partnership with Italy’s Eni and Thailand’s PTT Exploration and Production Public Company (PTTEP), has secured a structured financing transaction of up to $11 billion (AED 40.4 billion) for its multibillion-dollar big sour gas development, which is set on becoming the world’s first project to operate with net-zero emissions.

  • TotalEnergies partners with PTTEP in Malaysia by shedding partial stake in offshore block

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    France’s energy giant TotalEnergies has strengthened its ties with PTT Exploration and Production Public Company (PTTEP) through an arrangement to offload a minor stake in a block off the coast of Malaysia.

  • Southeast Asia richer for its ‘biggest’ black gold find in two decades and third largest since 2000

    7 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    With the appraisal insights regarding an oil find offshore Vietnam coming to light, Wood Mackenzie, an energy intelligence group, has labeled this hydrocarbon exploration success as “the biggest oil discovery in Southeast Asia of the last 20 years,” perceived to offer a potential lifeline to Vietnam’s declining oil production.

  • Technip Energies lands job at Thailand’s first carbon capture and storage project

    15 December 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders

    French-based engineering company Technip Energies has secured a detailed engineering assignment for the first carbon capture and storage (CCS) project in the Gulf of Thailand.

  • Lion’s share of lenders reaffirms backing: TotalEnergies’ Mozambique LNG moves forward post‑force majeure

    3 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    France’s energy giant TotalEnergies has shed more light on the financing of its multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique in the wake of the UK Export Finance (UKEF) and Atradius exits. The project is getting back into the groove after a years-long hiatus.

  • OneSubsea equipment to prolong life of two deepwater projects off Malaysia

    30 October 2025
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Outlook & Strategy, Project & Tenders

    OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured two engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP), Thailand’s national oil & gas player, for the expansion of two fields offshore Malaysia. Under the contracts defined as sizeable, SLB OneSubsea will deliver comprehensive subsea […]

  • 2014-built rig kicks off its five-year Asian drilling gig

    20 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Singapore’s tender-assisted drilling provider Energy Drilling, a wholly owned subsidiary of Cyprus-headquartered SED Energy Holdings, has confirmed the start of its 11-year-old rig’s drilling assignment with Thailand’s national oil and gas company PTT Exploration and Production Public Company Limited (PTTEP).

  • Thailand: PTTEP Revenue Up

    29 October 2013
    Business & Finance

    Tevin Vongvanich, President and CEO of PTT Exploration and Production Public Company Limited or PTTEP revealed the 3rd Quarter Operating Results and the Financial Performance as per the following details: The 3rd Quarter Operating Results (Unreviewed) PTTEP and its subsidiaries posted a net profit of USD 566 million (equivalent to 17,805 million baht), an increase […]

  • Myanmar: PTTEP Enters into Partnership for M11 block

    3 September 2012

    PTTEP entered into a partnership with TOTAL and JX NOEX for M11 block, in Myanmar, ready to drill one exploration well by the third quarter of next year. Mr. Tevin Vongvanich, the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP disclosed that PTTEP International Limited or PTTEPI, a wholly owned […]

  • PTTEP scrapping offshore Myanmar development?

    27 January 2015

    Thai oil company PTTEP is reportedly looking to put a halt to its operations in Myanmar. According to Sea Ship News, a news website covering Asian maritime sector, the oil giant, pressured by low oil prices has hinted it could scrap its M-3 gas project offshore Myanmar. The publication did not say where the information came […]

  • PTTEP Denies Bribery Accusations

    13 August 2013

    With the reference to a news article published in the media related to PTTEP Acquisition of Offshore MD-7 and MD-8 blocks in Myanmar, Thailand’s national energy company PTTEP has issued a statement in which it denies the intransparency and bribery of the MD-7 and MD-8 acquisition. The company “would like to clarify that the process of […]

  • Thailand: PTTEP Finalizes Cove Purchase

    17 August 2012

    Mr. Tevin Vongvanich, the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP, revealed that PTTEP Africa Investment Limited or PTTEP AI, a wholly owned subsidiary of PTTEP successfully acquired the entire shares capital of Cove Energy Plc. The Offer process is declared wholly completed. On August 15, PTTEP received written […]