543 results found for 'pttep'

543 results found for 'pttep'
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  • 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 […]

  • 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 […]

  • Thai PTTEP Completes Cove Acquisition

    17 August 2012
    Business & Finance, Equipment

    Thailand’s PTT Exploration and Production Public Company Limited or PTTEP has acquired the entire shares capital of Cove Energy Plc. The Offer process is declared wholly completed. On August 15, 2012, PTTEP received written consent to the indirect change of control in Cove from the Republic of Mozambique’s Minister of Mineral Resources. This consent was […]

  • Thailand: PTTEP Profit Dips

    28 April 2014

    Thailand’s PTTEP posted a net profit of USD 380 million, a decrease of USD 300 million or 44% against the first quarter of 2013. The decrease of 2014 first quarter net profit comprised of the non-recurring items of USD 106 million from the impact of foreign exchange and of the recurring net profit of USD […]

  • PTTEP Selects Partners for M11 Block (Myanmar)

    3 September 2012
    Business & Finance

    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 […]

  • 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 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 […]

  • PTTEP Australasia names new CEO

    30 August 2019

    Thai oil company PTTEP has named new CEO for its Australian business PTTEP Australasia.

  • ‘Sweet’ gas discovery for PTTEP in Malaysian waters

    23 December 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) has made another gas discovery at Block SK410B offshore Malaysia.  PTTEP’s subsidiary PTTEP HK Offshore (PTTEP HKO) began the drilling of the Paprika-1 wildcat well in Block SK410B in July. The well was drilled to a total depth of 3,348 meters and encountered gas pay […]

  • Thai PTTEP in ROV development deal

    23 June 2014

    Thailand’s PTTEP signs MOU to develop remotely operated vehicle which will carry out surveys around its platforms. Asdakorn Limpiti, Acting Executive Vice President for Technology & Sustainability Development Group of Thailand’s oil company PTTEP, jointly signed a Memorandum of Understanding (MOU) with the Training Department of the Southeast Asian Fisheries Development Center (SEAFDEC/TD), King Mongkut’s […]

  • Statoil Signs MoU with PTTEP (Thailand)

    18 March 2011
    Project & Tenders

      At a ceremony in Bangkok on 18 March 2011, Statoil signed a Memorandum of Understanding (MoU) with PTT Exploration and Production (PTTEP) of Thailand. Last November, Statoil agreed to sell to PTTEP a 40% stake in its Kai Kos Dehseh Canadian Oil Sands asset, forming a strong partnership with PTTEP. The MoU builds on […]

  • PTTEP hits gas in Timor Sea

    8 March 2019

    Thailand’s PTT Exploration and Production’s unit PTTEP Australasia hit gas at the Orchid-q, the first exploration well in Permit AC/P54 located in the Timor Sea, Australia.  

  • Thailand’s PTTEP Becomes ITF Member

    7 March 2012
    Business & Finance

    Membership with ITF allows PTTEP to tackle the issues associated with unconventional reservoirs and operational technology challenges in a joined up approach with other oil and gas operator

  • PTTEP acquires offshore acreage in Brazil

    4 April 2014
    Business & Finance

     Tevin Vongvanich, President and CEO of PTT Exploration and Production Public Company Limited or PTTEP, disclosed that on April 3, 2014, the company signed a Farm-in/Farm-out Agreement with BG Group. The deal is for 4 predominantly deep water blocks with 25% participation interest. This is PTTEP’s first step in expanding investment in petroleum exploration in […]

  • Thailand: PTTEP Profit at USD 566 Million

    29 October 2013

    PTT Exploration and Production Public Company Limited or PTTEP posted a net profit of USD 566 million in the third quarter of this year, an increase of USD 8 million in compare to the third quarter of 2012 at USD 558 million. The result comprised of the recurring net profit for this period amounted to […]

  • CGG Secures PTTEP Contract Extension

    20 June 2017
    Project & Tenders

    CGG has secured a renewal of a contract from PTT Exploration & Production (PTTEP) for the dedicated processing center (DPC) CGG has been operating in Bangkok since November 2013. The new contract will run for a further three years, from March 01, 2017 to February 28, 2020. CGG will continue to support PTTEP by delivering high-quality […]

  • Thailand: PTTEP Sees Profit Rise

    26 July 2013

    PTT Exploration and Production Public Company (PTTEP) posted a net profit of USD 361 million for the second quarter of this year, an increase against the second quarter of 2012, which was USD 250 million. The second quarter of 2013 comprised of the recurring net profit for this period amounted to USD 535 million, and […]

  • ADES jack-up’s new five-year drilling campaign in Asia marks fourth suspended rig deployment

    30 December 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    ADES Holding Company, part of Saudi Arabia-headquartered ADES Group, has landed a new multi-year drilling assignment for its jack-up rig with Thailand’s national oil and gas company PTT Exploration and Production (PTTEP).

  • PTTEP Inks MoU for ROV Development

    23 June 2014
    Business & Finance, Equipment, Research & Development

    Mr. Asdakorn Limpiti, Acting Executive Vice President for Technology & Sustainability Development Group of PTT Exploration and Production Public Company Limited (PTTEP), jointly signed a Memorandum of Understanding (MOU) with the Training Department of the Southeast Asian Fisheries Development Center (SEAFDEC/TD), King Mongkut’s University of Technology North Bangkok (KMUTNB), Kasetsart University Research and Development Institute […]

  • PTTEP sells Montara field to Jadestone

    16 July 2018

    Thailand’s PTTEP is divesting its 100% stake in the Montara field offshore Australia.

  • Thailand’s PTTEP Step Closer to Cove Acquisition

    1 August 2012

    Thailand’s PTTEP, has announced that on 31 July 2012 at 1.00 p.m. (London time) PTTEP Africa Investment Limited or PTTEP AI, a wholly owned subsidiary of PTTEP has received valid acceptances from Cove Shareholders 91.37% of the existing issued share capital of Cove which is satisfactory to PTTEP AI’s requirement. Tevin Vongvanich, the President and […]

  • Thailand: PTTEP Net Income Drops

    24 July 2012

    PTTEP of Thailand said that the company and its subsidiaries’ total revenues were USD 1,667 million (equivalent to 52,164 million baht), an increase of USD 180 million or 12% when compared with USD 1,487 million (equivalent to 45,012 million baht) in the second quarter 2011. Total expenses were USD 982 million (equivalent to 30,786 million […]

  • Vallourec Wins Myanmar Deal with PTTEP

    18 March 2019
    Business & Finance, Equipment, Project & Tenders

    Vallourec has been selected by Thailand’s PTT Exploration & Production (PTTEP) to deliver oil country tubular goods for offshore project in Myanmar. Vallourec will deliver over 3,000 tons of OCTG for PTTEP’s high pressure/high temperature offshore field in the Gulf of Martaban, approximately 300 kilometers from Yangon. The project will be essentially served through Vallourec’s […]

  • PTTEP Buys Hess Thai Assests

    23 April 2014

    PTT Exploration and Production (PTTEP), revealed that PTTEP Offshore Investment and PTTEP International, subsidiaries of the company, have signed share purchase agreements (SPAs) to acquire 100% equity stakes of the subsidiaries of Hess Corporation in Thailand, namely Hess Thailand Holdings II (HTH) and Hess Exploration Thailand (HETCL).  The total consideration of the transaction is approximately […]

  • PTTEP opens new office in Mozambique

    18 July 2014
    Business & Finance

    PTT Exploration and Production Public Company Limited or PTTEP held an office ceremony to unveil its new office in Maputo, the Republic of Mozambique. The ceremony was jointly presided by H.E. Esperanca Bias, Minister of Mineral Resources, Mozambique and Tevin Vongvanich, President and CEO of PTTEP. Adding another milestone, the new office in Mozambique will […]