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PTTEP appoints Montri as new chief executive bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
PTTEP to keep making acquisitions published : 7 May 2021 at 04:00 2 PTT Exploration and Production (PTTEP), the oil and gas drilling arm of PTT Plc, plans to keep acquiring new petroleum production assets in the Middle East and Southeast Asia to increase petroleum reserves and bolster sales. The company wants to focus on facilities that have started or are near starting operations. The recent purchase of a 20% stake in Oman s Block 61 from BP Exploration (Epsilon) serves as a model, said PTTEP senior vice-president Orachon Ouiyamapun. PTTEP concluded the US$2.45 billion (72 billion baht) deal in March. More asset acquisitions means further investment opportunities for PTTEP in the two regions, said Ms Orachon. ....
PTTEP achieves first gas from Block H offshore Malaysia édité le 16/02/2021 - Plus de news de PTTEP - Voir la fiche entreprise de PTTEP PTT Exploration and Production Public Company Limited (PTTEP), announced the start-up of natural gas production from Rotan and Buluh deepwater fields of Block H Production Sharing Contract (PSC) off the coast of Sabah, offshore Malaysia. These fields are located in water depth of greater than 1100 meters. The project will increase domestic energy supply and add sales volume for PTTEP as planned. Mr. Phongsthorn Thavisin, PTTEP Chief Executive Officer, said PTTEP Sabah Oil Limited, a subsidiary of PTTEP, had completed the first phase of the Block H Project development and commenced natural gas production from the Rotan and Buluh fields for delivery to PETRONAS Floating Liquefied Natural Gas 2 (PFLNG2) facility on February 6, 2021. The project targets production capacity at 270 million standard cubic feet per day (MMSCFD). ....