543 results found for 'pttep'

543 results found for 'pttep'
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  • Thailand: PTTEP Names New Directors

    9 January 2012

    Thailand’s PTTEP announced that it has elected Mrs. Varanuj Hongsaprabhas, General Pornchai Kranlert and Mr. Manas Jamveha to be the company’s directors in replacement of Mr. Wichai Pornkeratiwat, Mr. Witoon Simachokedee and Mr. Naris Chaiyasoot who resigned from the directorship. “The Nominating Committee has thoroughly considered that those three directors possess good knowledge and skill, […]

  • PTTEP to spend $24 billion over five years

    23 December 2014
    Business & Finance

    Thailand’s oil company PTTEP has allocated $24,3 billion for expenditure over the  five-year period from 2015 to 2019. PTTEP has said that the expenditures (chart below) have been revised to incorporate the latest business strategies and work programs. The estimated total expenditure for PTTEP in 2015 is around $4.8 billion. The following are highlights of the key […]

  • PTTEP marks silver jubilee in Myanmar

    17 September 2014
    Business & Finance

    Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) celebrates its 25th anniversary of successful operation in Myanmar. The silver jubilee celebration, held in Yangon with guests of honor including H.E. U Zay Yar Aung, Union Minister, Myanmar’s Minister of Energy and his Thai counterpart Narongchai Akrasanee, the recently appointed Minister of Energy marks a […]

  • Thailand: PTTEP Approves Capital Increase

    23 July 2012

    The Board of Directors of PTT Exploration and Production Public Company Limited on July 20, unanimously approved the issuance and allocation of up to 650 million new ordinary shares. The objectives of the fund raising are to support the Company’s plan to expand its investments worldwide in order to secure new reserves of oil and […]

  • PTTEP inks digital transformation deal with Halliburton

    19 August 2020
    Business & Finance, Business Developments & Projects, Infrastructure, IT & Software, Technology

    Oilfield services giant Halliburton has won a deal to design and implement a series of digital transformation projects aimed at boosting production from Thailand-based PTTEP’s offshore oil fields.

  • EMGS Confirms PTTEP Deal

    1 December 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Norway based provider of marine controlled-source electromagnetic (CSEM) data, Electromagnetic Geoservices ASA (EMGS) has has confirmed a contract award worth $7.0 million with PTTEP International. This announcement follows the stock exchange notice of the letter of intent for 3D EM data acquisition in Thailand and Myanmar, on October 31, 2014. “This is the first time […]

  • PTTEP Shareholders Approve Share Sale, Thailand

    30 October 2012

    PTT Exploration and Production Public Company (PTTEP) said that its shareholders have approved PTTEP’s capital increase via a preferential public offering whereby up to 650,000,000 new shares will be offered and allocated on a preferential basis to eligible existing shareholders. Eligible shareholders whose names appear in the share register book as of November 12, 2012 […]

  • PTTEP makes new gas discovery off Malaysia

    10 February 2021
    Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Thailand’s PTT Exploration & Production (PTTEP) has made a gas discovery from the Lang Lebah-2 appraisal well off the coast of Sarawak, Malaysia.

  • PTTEP Announces Positive Results (Thailand)

    25 July 2013
    Business & Finance

    The President and CEO of PTT Exploration and Production Public Company Limited or PTTEP, Tevin Vongvanich, disclosed PTTEP second Quarter Operating Results and the company performance. The company and its subsidiaries posted a net profit of USD 361 million (equivalent to 10,664 million baht), an increase against the second quarter of 2012, which was USD 250 […]

  • Thailand: PTTEP Gets 91.4 Percent of Acceptances from Cove Shareholders

    1 August 2012

    Mr. Tevin Vongvanich, the President and CEO of PTTEP, revealed that on 31 July 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. He said PTTEP would request […]

  • PTTEP Finds More Gas in Myanmar

    20 May 2011

      Recently, H.E. U Than Htay, the Minister of Energy of the Union of Myanmar (Center) and Mr. Kanok Intharawijitr, General Manager PTTEP International Ltd. a subsidiary of PTT Exploration and Production Plc. or PTTEP jointly opened the testing valve on the drilling rig of the exploration well Aung Sinkha-2 in Mataban Gulf, Union of […]

  • PTTEP extends academic cooperation with Chulalongkorn University

    22 May 2014
    Business & Finance

    Thailand’s PTT Exploration and Production Public Company Limited (PTTEP), and Chulalongkorn University (CU), jointly signed the Fourth Amendment Memorandum of Understanding (MOU) to extend the academic cooperation until February, 2016. PTTEP will provide financial support to the research studies related to the field of petroleum engineering, petroleum geology and petroleum geophysics with the amount of […]

  • PTTEP evacuates offshore workers ahead of storm

    3 November 2017

    PTTEP has set up a 24-hour monitoring team to watch and prepare safety measures for its offshore operations in the Gulf of Thailand.

  • PTTEP renews CGG’s dedicated center contract in Thailand

    20 June 2017
    Business & Finance

    French geophysical company CGG has won a contract renewal from Thailand’s PTT Exploration & Production Public Company Limited (PTTEP) for the dedicated processing center (DPC) in Bangkok.  CGG has been operating the center in Bangkok on PTTEP’s behalf since November 2013. The French company, which recently filed for bankruptcy in France and the U.S., said on Tuesday […]

  • Thailand: Tevin Vongvanich Takes PTTEP Driving Seat

    30 April 2012
    Business & Finance

    Thailand’s oil and gas company PTT Exploration and Production Public Company Limited or PTTEP announces the appointment of Mr. Tevin Vongvanich as President and Chief Executive Officer (CEO) replacing Mr. Anon Sirisaengtaksin who will be transferred to be CEO of PTT Global Chemical according to periodic management rotation and the resolution of PTT and PTTEP’s […]

  • Murphy sells Malaysian business to PTTEP for $2.1B

    21 March 2019
    Business & Finance

    The U.S. oil company Murphy Oil has agreed to sell its Malaysian business to Thai oil firm PTTEP for $2.127 billion. Murphy could also earn further $100 million subject to certain future exploratory drilling results prior to October 2020.

  • Thailand: PTTEP 3Q Profit Down

    27 October 2011
    Business & Finance

    PTT Exploration and Production Public Company Limited (PTTEP) had an operating result of the third quarter of this year close to the result of the previous quarter. The company made due preparations to deliver first natural gas from Bongkot South Field and crude oil from Montara Field next year while an increase of crude oil […]

  • PTTEP buys Hess’ subsidiaries in Thailand for $1B

    23 April 2014
    Business & Finance

    Thailand’s PTT Exploration and Production Public Company Limited or PTTEP today signed Share Purchase Agreements (SPAs) to acquire 100% equity stakes of the subsidiaries of Hess Corporation in Thailand, namely Hess Thailand Holdings II Limited (HTH) and Hess Exploration Thailand Company Limited (HETCL).   The subsidiaries HTH and HETCL own 15% interest in block B12/27 […]

  • Thailand: PTTEP Reports Q3 Results

    14 November 2012

    PTT announced its results for the 3-month and 9-month period ended September 30. For the first 9-month of 2012 (9M/2012), sales revenue of PTT and its subsidiaries was Baht 2,060,947 million, increasing by 12.5% from the first 9-month of 2011 (9M/2011) mainly due to the increase in the sales prices of products. The average Dubai […]

  • New boss to strengthen PTTEP’s core E&P business, prepare for renewables

    4 October 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Outlook & Strategy, Transition

    PTTEP’s new CEO will work to strengthen the company’s E&P business and prepare for the expansion into renewable energy.

  • PTTEP picks up two blocks offshore Malaysia

    22 March 2019

    Thailand’s PTTEP has signed a production sharing agreement with Malaysia’s Petronas for exploration and production rights of two offshore blocks, PM407 and PM415, in shallow waters off Peninsular Malaysia under Malaysia 2018 Bidding Round.

  • PTTEP Hits Gas Off Myanmar

    16 August 2013

    PTTEP said it has discovered quantities of gas in Block-M3, which consists of Aung Sinkha-3, Aung Sinkha-4, Aung Sinkha-5 and Aung Sinkha-6. PTTEP is the operator and holds 80% participation interest in exploration Block-M3. The block is located in the Gulf of Moattama, in Myanmar. Flow tests were conducted and resulted in gas flow rates […]

  • Petrofac scores well management job with PTTEP

    9 February 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Petrofac’s Engineering and Production Services (EPS) business has secured a well project management contract in Australia with PTTEP.

  • PTTEP, Pertamina Buy Hess’ Indonesian Assets for $1.3B

    2 December 2013
    Business & Finance

     Thai oil and gas company PTTEP has informed it has signed Share Purchase Agreements with respect to the acquisition of Hess Corporation’s interests in Indonesian oil & gas producing assets.   On November 30, 2013, PTTEP Netherlands Holding Coöperatie U.A. (a subsidiary of PTTEP), and Pertamina Hulu Energy (a subsidiary of Pertamina), jointly signed Share […]

  • PTTEP finds more gas offshore Malaysia

    19 May 2021
    Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Thailand’s PTT Exploration and Production (PTTEP) has made another offshore gas discovery in the Balingian Province, some 230 kilometres off the coast of Sarawak, Malaysia.