SMOE Splashes Zawtika Process Quarters Platform, Singapore

October 7, 2013

PTT Exploration and Production Public Company Limited, or PTTEP, held a sail away ceremony for Zawtika Processing and Living Quarters Platform (ZPQ) on October 5, 2013 in Singapore. After the ceremony, the ZPQ will be sailed away from SMOE Pte. Ltd.’s construction yard in Singapore to its destination at the Zawtika field in the Gulf of Mottama, the Republic of the Union of Myanmar.

Upon completion, it is expected to produce natural gas and supply to Myanmar and Thailand.

H.E. U Zay Yar Aung, Minister of Energy of the Republic of the Union of Myanmar, jointly presided over the sail-away ceremony with Dr. Norkun Sitthiphong, Chairman of the Board of Director of PTTEP. Honorable guests were welcomed by Mr. Tevin Vongvanich, President and Chief Executive Officer of PTTEP, and other executives from all parties.

ZPQ is an integrated platform which combined both natural gas processing facilities and living quarters into a single platform. Its topside weighs 16,500 metric ton (MT) and was designed and constructed over a period of 28 months. In addition, ZPQ has already achieved a remarkable 9,500,000 man-hours without any lost time incident (LTI).

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Press Release, October 7, 2013