556 results found for 'pttep'

556 results found for 'pttep'
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  • Shell closes Bongkot deal with Thai operator

    21 June 2018

    Shell has completed the sale of its interest in the Bongkot field and adjoining acreage offshore Thailand to the state-owned oil company PTTEP for $750 million. 

  • China: COSL Receives Letter of Endorsement from PTTEP

    6 January 2012
    Business & Finance

    China Oilfield Services Limited announces the receipt of a letter of endorsement from the company representative of PTT Exploration and Production Public Company Limited in appreciation of a recently contracted operation performed by the COSL HYSY719 seismic vessel. HYSY719’s crew had overcome many challenges for this contracted operation, and developed an optimal operation proposal by […]

  • PTTEP crew not prepared for oil spill at Montara, regulator says

    23 June 2017

    Australia’s offshore petroleum safety body NOPSEMA has issued an improvement notice to PTTEP Australasia regarding environmental management non-compliance associated with its Montara field operations. The regulator said the move was not related to an oil spill incident, but to incident prevention. Namely the watchdog said that PTTEP’s emergency management personnel was not properly trained and competent to […]

  • PTTEP makes its largest gas find off Malaysia

    27 June 2019

    PTTEP, the exploration and production unit of Thai state-owned PTT, has made a gas discovery offshore Sarawak, Malaysia.

  • PTTEP 16-1 Project Offshore Vietnam Moves Forward

    9 July 2012
    Business & Finance, Operations & Maintenance

    PTTEP announces today (July 9,2012 )that the second wellhead platform of Vietnam 16-1 project has been successfully installed, and this is expected to increase its capacity to about 55,000 bpd by the fourth quarter this year. Mr. Tevin Vongvanich, the President and CEO of PTT Exploration and Production Public Company Limited, or PTTEP, said that […]

  • Thailand: PTTEP Marks 123 pct Increase of Net Profit in 3rd Quarter

    26 October 2012
    Business & Finance

    Mr. Tevin Vongvanich, the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP disclosed the PTTEP 3rd Quarter Operating Results and the company performance as the detail below: 3rd Quarter Operating Results: Net profit of USD 558 million, increases 123 % The company and its subsidiaries posted a net profit of […]

  • PTTEP Praises COSL HYSY719 Crew for Myanmar Ops

    6 January 2012
    Business & Finance

    China Oilfield Services Limited （“COSL”） has received a letter of endorsement from the company representative of PTT Exploration and Production Public Company Limited （“PTTEP”） in appreciation of a recently contracted operation performed by the COSL HYSY719 seismic vessel offshore Myanmar. HYSY719’s crew had overcome many challenges for this contracted operation, and developed an optimal operation […]

  • PTTEP and Inpex to look into carbon storage potential in Gulf of Thailand

    5 January 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders, Transition

    PTTEP is ready to pool resources with Japan’s Inpex to undertake a study on carbon storage potential in the Northern Gulf of Thailand.

  • PTTEP: 1Q net profit down by 44 pct

    28 April 2014
    Business & Finance

    Thailand’s PTTEP today posted a net profit of USD 380 million, a decrease of USD 300 million or 44% against the first quarter of 2013, which was USD 680 million. 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 […]

  • PTTEP strikes another gas find in shallow waters off Malaysia

    30 November 2021
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    PTTEP and its partner Petronas have made a second gas discovery in Block SK417 off the coast of Sarawak, Malaysia.

  • Neptune to provide geotechnical support for PTTEP’s Cash Maple ops

    20 April 2017
    Business & Finance

    Australian subsea services provider Neptune has been awarded a geophysical and geotechnical work scope by Thailand’s PTTEP at the Cash Maple field, in the Timor Sea off Western Australia.  The field is located approximately 680 km west of Darwin, 700 km northeast of Broome and 200 km south of the Indonesian coastline. Neptune said it will […]

  • Shell completes Thai Bongkot field stake sale to PTTEP

    21 June 2018

    The Hague-based LNG giant Shell said it has completed the sale of its 22.2222 percent interest in the Bongkot field offshore Thailand to PTT Exploration and Production for $750 million. 

  • JOGMEC, PTTEP join forces for development of reservoir monitoring tech

    24 March 2017
    Equipment

    JOGMEC has signed a memorandum of understanding (MOU) with Thailand’s PTTEP for developing new technologies to enhance o&g production efficiency. JOGMEC said on Thursday that the MoU with PTTEP was signed on March 8. To achieve this, the duo agreed to conduct joint studies and develop technology in the area of reservoir monitoring, which could speed up […]

  • Chevron, PTTEP bid for Thailand’s major offshore gas fields

    25 September 2018

    The duo has filed bids for Bongkot and Erawan gas fields

  • PT Gunanusa wins more work on PTTEP’s Zawtika project

    10 October 2016
    Business & Finance

    Indonesian platform builder PT Gunanusa Utama Fabricators (PTG) has won a second contract award worth around $150 million from Thailand’s PTTEP for a project offshore Myanmar.  Namely, in September this year, PT Gunanusa was awarded an engineering, procurement, construction, and installation (EPCI) contract for two offshore wellhead platforms, associated pipelines and tie-ins for the Zawtika Development […]

  • Vitol broadening LNG supply base thanks to deal with Omani firm

    19 May 2025
    Business Developments & Projects, Project & Tenders

    Energy and commodities company Vitol has signed a liquefied natural gas (LNG) term sale and purchase agreement (SPA) with Oman LNG, a joint venture company between the Government of the Sultanate of Oman and seven global energy players.

  • Thai giant to focus on natural gas and greenhouse gas intensity in new projects

    30 March 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    PTTEP has set a goal to achieve net-zero emissions by 2050 with the help of technology, employing CCS, zero routine flaring and renewables.

  • PTTEP to Decide on Cash Maple FLNG Partner by End of This Year

    9 May 2013

    PTTEP of Thailand plans to decide on a strategic partner for a FLNG project off Australia by the end of 2013, Reuters reported, citing PTTEP’s President and CEO Tevin Vongvanich as saying. The company earlier said that it will decide by the middle of 2013 on a partner to commercialise its assets at its Cash Maple […]

  • Bongkot Sales Drive PTTEP 1Q Profit Growth (Thailand)

    29 April 2013

    Thailand’s oil company PTTEP today revealed its  first quarter Operating Results and the company performance. 1st Quarter Operating Results (Unreviewed): Net profit of USD 680 million, an increase of 15% The company and its subsidiaries posted a net profit of USD 680 million (equivalent to 20,258 million baht), an increase of USD 91 million or 15% […]

  • PTTEP Withdraws from Great South Basin (New Zealand)

    11 December 2013

    As operator, Shell New Zealand has today confirmed that PTTEP New Zealand Ltd has withdrawn its 18% share from the Great South Basin venture (PEP 50119).   PTTEP has made the decision based on its current investment strategy. The remaining joint venture parties Shell New Zealand, OMV New Zealand Ltd and Mitsui E&P Australia Pty […]

  • Mozambique OKs PTTEP’s Acquisition of Cove’s Rovuma Area Stake

    30 May 2012
    Business & Finance

    Thailand’s PTTEP has received written consent from the Republic of Mozambique’s Minister of Mineral Resources related to the indirect acquisition of Cove Energy’s interest in Rovuma Offshore Area 1 which would arise on the takeover of the company. The receipt of this written consent can confirm that Mozambique’s government has strong confidence and trust in […]

  • Thailand: PTTEP Posts 1Q Profit of USD 359 mln

    25 April 2012
    Business & Finance

    Mr. Anon Sirisaengtaksin, the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP disclosed the PTTEP 1st Quarter Operating Results. The company and its subsidiaries posted a net profit of USD 589 million (equivalent to 18,288 million baht), an increase of USD 229 million or 64% compared to its net profit […]

  • Thailand’s energy major joins ‘wave power for subsea equipment’ scheme

    31 July 2023
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Market Outlooks, Outlook & Strategy, Technology, Vision

    Thailand’s state energy company PTTEP has joined the Renewables for Subsea Power (RSP) collaborative project which is intended to prove the concept of powering subsea equipment with wave power and intelligent subsea energy storage.  

  • Bibby Offshore Completes Call Out Contract with PTTEP in Thailand

    19 February 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Bibby Offshore Singapore (BOS) has successfully completed a call out contract with PTT Exploration & Production Co Ltd (PTTEP). The project involved a short notice mobilisation, and saw the BOS-operated DP2 ROV Support Vessel, the Bibby Spring perform subsea inspection services to PTTEP’s Bongkot Field assets in the Gulf of Thailand. The work was successfully […]

  • Thai PTTEP completes $2.1B purchase of Murphy’s Malaysian assets

    10 July 2019

    Thai oil and gas firm PTTEP has completed the previously agreed $2.1 billion acquisition of Murphy Oil’s Malaysian offshore oil fields.