556 results found for 'pttep'

556 results found for 'pttep'
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  • Shell Aware of PTTEP Bid for Cove. Evaluating Options

    24 May 2012

    Shell Bidco, a subsidiary of Shell, which has been competing with Thailand’s PTTEP over Cove Energy acquisition announced today that it was aware of PTTEP’s yesterday’s increased takeover bid of $1.9 billion. Shell’s previous $1.8 billion bid to acquire all issued or to be issued shares of UK-based Cove Energy had been endorsed by the […]

  • PTTEP ups gas production ante at offshore fields in Gulf of Thailand

    20 March 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    PTTEP has boosted gas production from multiple fields located in the Gulf of Thailand in a bid to alleviate the impact of electricity costs.

  • As ink dries on another collaboration deal, PTTEP going in hot pursuit of CCS tech advancement

    5 February 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Exploration & Production, Project & Tenders, Research & Development, Technology, Transition

    PTTEP has inked a memorandum of understanding (MoU) with Mahidol University, which will enable it to bolster CCS technology in Thailand.

  • PTTEP’s Thai assets returning to normal as storm passes

    7 January 2019

    Thailand’s PTTEP said last Friday that production at its Greater Bongkot North and Greater Bongkot South offshore production platforms was expected to resume on Sunday, January 6. 

  • Weir to supply 1,800 wellhead sets and trees to PTTEP

    21 December 2020
    Business & Finance, Business Developments & Projects, Equipment, Infrastructure

    The Dubai arm of oilfield equipment supplier Weir Oil & Gas has signed a five-year deal to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand.

  • PTTEP submits plan for suspension of three wells in Australia

    7 May 2020
    Authorities & Government, Regulation & Policy, Safety

    Thailand’s PTTEP has submitted a plan for the suspension of three wells to Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA).

  • PTTEP suspends offshore ops ahead of tropical storm Pabuk

    3 January 2019

    PTTEP has suspended operations at the Greater Bongkot North and South production platforms located in the path of tropical storm Pabuk.

  • PTTEP: Thai Princess Visits Bongkot South Platform for Grand Opening

    24 September 2012

    Today, Her Royal Highness Princess (HRH) Maha Chakri Sirindhorn paid a royal visit to Greater Bongkot South (GBS) platform in the Gulf of Thailand. The visit was arranged for HRH to grand opening and overview the gas field operations of PTT Exploration and Production Public Company Limited, and welcomed by Minister of Energy Mr. Arak […]

  • Neptune scores three-year services contract with PTTEP

    27 July 2016
    Business & Finance

    Neptune Marine Services, a provider of integrated inspection, repair and maintenance solutions to the oil and gas industry, has been awarded a non-destructive examination/non-destructive testing (NDE/NDT) and inspection services contract by PTTEP Australasia. Neptune said on Tuesday that the contract covers PTTEP’s Montara Venture floating production storage and offloading (FPSO) vessel and the wellhead platform, in addition […]

  • PTTEP hires UMW Naga 5 for Myanmar drilling

    10 July 2014
    Business & Finance

    Malaysia’s UMW Oil & Gas has received a contract for its recently delivered jack-up rig UMW Naga 5.

  • C-Kore Deploys Subsea Tools for PTTEP Australasia

    18 July 2018
    Equipment, Project & Tenders

    C-Kore Systems has completed the deployment of its subsea testing units for PTTEP Australasia. C-Kore’s subsea testing tools are used to monitor the health of electrical systems by measuring the insulation resistance and continuity directly onto assets subsea. Tony Suphawat, electrical & instrument engineer at PTTEP said, “The C-Kore units worked great. These excellent devices quickly located our fault, […]

  • PTTEP to take over as operator of Myanmar gas field

    14 March 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    PTTEP will take over the operatorship of the Yadana field located off Myanmar following a recent decision by partners to exit the project.

  • PTTEP strikes ‘multi-tcf’ gas discovery offshore Malaysia

    27 June 2019
    Project & Tenders

    Thai oil and gas company PTTEP has made a “multi-TCF gas discovery” offshore Sarawak, Malaysia.

  • PTTEP Farms Out its Indonesian Offshore Blocks to Total

    13 January 2012
    Business & Finance

    Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) announced today that it has agreed to dilute its share in three deep-offshore exploration blocks in the Makassar Strait in Indonesia to French supermajor Total. The farm-out agreement includes the dilution of PTTEP’s 33% share in South Mandar block and 10% share in Sadang block together […]

  • PTTEP Wins Best Managed Company Award in Thailand

    10 January 2013

    Mr. Tevin Vongvanich, President and Chief Executive officer of PTT Exploration and Production Public Company Limited or PTTEP, Received Best Managed Company in Thailand and Best Managed Company in Asia for Oil & Gas, awarded by Mr Marcus H. Langston, Regional head – Asia of Euromoney Magazine. The award was presented to the listed company […]

  • Thailand: PTTEP to Spend $24 Bln Over Next Five Years

    21 January 2013

    Thailand’s oil company PTT Exploration and Production Public Company Limited or PTTEP revealed the Capital Expenditure and Operating Expenditure for the Company and its subsidiaries for the five-year period from 2013 to 2017 will be approximately $24.67 billion . The majority of investment will be used to develop PTTEP’s organic growth projects in Thailand and […]

  • SapuraKencana Supports PTTEP’s Montara Development Project (Australia)

    2 August 2012
    Business & Finance

    SapuraKencana today announced that one of its wholly-owned subsidiary companies in Australia had, on 30 July 2012, been awarded a contract by PTTEP Australasia (Ashmore Cartier) Pty Ltd (“PTTEP”) for the provision of the vessel “Normand Clough” to support the hook-up and commissioning activities of the Montara Development Project . The Contract is for the […]

  • PTTEP Withdraws from Sidi Abd El Rahman Offshore Project (Egypt)

    30 March 2011
    Business & Finance

    PTT Exploration and Production Public Company Limited (PTTEP)  announces that PTTEP Sidi Abd El Rahman Company Limited (a subsidiary of PTTEP), has withdrawn the entire 30% participation interest from Sidi Abd El Rahman Offshore Project in the Arab Republic of Egypt after fulfillment of the exploration work commitment. The withdrawal will be fully effective upon […]

  • Thailand: PTTEP Posts Flat 2013 Net Profit

    30 January 2014

    Thailand’s PTTEP today posted a recurring net profit of USD 1,846 million, similar to the previous year’s result of USD 1,846 million, comprising of a recurring net profit of USD 2,114 million and a loss from non-recurring items amounting to USD 268 million.   The losses from non-recurring items are primarily a result of a […]

  • PTTEP Orders USD 493 Million Platform from SMOE, Singapore

    14 July 2011
    Business & Finance

    SMOE, a wholly-owned subsidiary  of Sembcorp Marine has secured a contract close to S$600 million from PTTEP International Limited (PTTEPI), Yangon Branch, for engineering, procurement, construction, transportation, installation, offshore hook-up and commissioning, inclusive of novated equipment, of an integrated Processing and Living Quarters platform, to be installed at a water depth of 150 meters in […]

  • Thailand: PTTEP Provides Update on GBS Production Rates

    19 June 2012
    Business & Finance

    The Greater Bongkot South field reached the DCQ gas production at 320 MMSCFD adding total supply to 20% of Thailand natural gas demand. Mr. Tevin Vongvanich, the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP has disclosed that the Greater Bongkot South field (GBS), the major field in Bongkot Project, […]

  • PTTEP, Pancontinental withdraw from BG’s block offshore Kenya

    1 June 2015
    Project & Tenders

    Pancontinental Oil & Gas and its L10A joint venture partner PTTEP have issued Operator BG notices of withdrawal from Block L10A in the Lamu Basin offshore Kenya. Subject to Ministerial consent, Pancontinental’s 18.75% interest and PTTEP’s 31.25% interest will be transferred to the operator BG who will then be the only remaining participant and hold 100% of the L10A […]

  • PTTEP reveals $24.6 billion spending plan for the next five years

    16 December 2019
    Business & Finance

    Thailand’s national oil and gas company PTTEP has set aside total expenditure of $4.6 billion for 2020 and a whopping $24.6 billion budget for the next five years.

  • PTTEP Approves Issuance of 650 Million Shares, Thailand

    27 September 2012

    The Board of Directors of PTT Exploration and Production Public Company Limited approved the issuance of up to 650 million new ordinary shares. The capital increase and the proposed Offering are subject to approval by the Company’s extraordinary shareholders’ meeting scheduled for October 29 at the Bangkok Convention Center. The date of determination of the […]

  • Thailand: HRH Princess Maha Chakri Sirindhorn Attends PTTEP’s GBS Platform Grand Opening

    24 September 2012
    Business & Finance, Project & Tenders

    On 24 September 2012, Her Royal Highness Princess (HRH) Maha Chakri Sirindhorn graciously paid a royal visit to Greater Bongkot South (GBS) platform in the Gulf of Thailand. The visit was arranged for HRH to grand opening and overview the gas field operations of PTT Exploration and Production Public Company Limited, and welcomed by Minister […]