Sunday February 24, 2019 02:36

PTT EXPLORATION AND PRODUCTION Press Releases

Additional LNG Sale and Purchase Agreements on Mozambique Rovuma Offshore Area 1 Energy—20 Feb 19

PTT Exploration and Production Public Company Limited (PTTEP) disclosed that Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of PTTEP and joint venture partners of Mozambique Rovuma Offshore Area 1 project, has entered into LNG Sale and

PTTEP acquires APICO LLCs shares, expands investment in Sinphuhorm Project Stcoks—15 Feb 19

Bangkok--15 Feb--PTTEP

PTT Exploration and Production Public Company Limited (PTTEP) disclosed that its subsidiary, PTTEP SP Limited, signed the Share Purchase Agreement (SPA) to acquire 33.8% stake in APICO LLC from Tatex Thailand LLC and Tatex Thailand II LLC with total transaction value of approximately USD 64 million. The transaction is expected to complete within the first half of 2019.

APICO LLC holds 35% participating interest in Blocks EU1 and E5N or the Sinphuhorm Project and 100% participating interest in Block L15/43 and Block L27/43 both located in the northeast of Thailand.

Phongsthorn Thavisin, PTTEP President and Chief Executive Officer, said "this acquisition fits PTTEP's growth strategy to expand investment in Thailand and South East Asia where PTTEP has expertise which will increase petroleum reserves, and generate return on investment to the company as well as providing reliable energy supply for the country."

PTTEP is currently the operator with a 55% interest in the Sinphuhorm project. After the completion of the transaction, PTTEP's stake, both direct and indirect, in this project will increase to 66.8%.
In 2018, Sinphuhorm Project had average sales volume of natural gas at approximately 79 million cubic feet per day (12,927 barrels of oil equivalent per day) and average condensate sales

Photo Release: PTTEP receives G-Gold level of Green Office Award 2018 Energy—07 Feb 19

Mr. Prapon Charusalaipong, Vice President, Petroleum Development Support Base Department, PTT Exploration and Production Public Company Limited (PTTEP) receives the Excellent Level (G-Gold) of Green Office Award 2018 from General Surasak Karnjanarat,

Joint Venture Partners of Mozambique Rovuma Offshore Area 1 seal more LNG Sale and Purchase Energy—05 Feb 19

PTT Exploration and Production Public Company Limited (PTTEP) disclosed that Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of PTTEP and joint venture partners ofMozambique Rovuma Offshore Area 1 project, has entered into a long-term

Photo Release: PTTEP and TISTR sign research and technology MoU towards Energy—30 Jan 19

Mr. Chayong Borisuitsawat (3rd right), Executive Vice President, Business and Organization Transformation Group, PTT Exploration and Production Public Company Limited (PTTEP), signed a Memorandum of Understanding (MoU) with Dr. Chutima Eamchotchawalit

PTTEPs net profit in 2018 jumps 89% mainly from higher sales volume and oil price Approves dividend Energy—30 Jan 19

PTT Exploration and Production Public Company Limited (PTTEP) reported its 2018 net profit of USD 1,120 million (equivalent to THB 36,206 million), surging by 89% from USD 594 million (equivalent to THB 20,579 million) in 2017 mainly driven by higher

PTTEP marks its first-ever presence in UAE Awarded 2 offshore blocks in partnership with Events—14 Jan 19

PTT Exploration and Production Public Company Limited (PTTEP) by its subsidiary PTTEP MENA Limited together with its strategic partner Eni Abu Dhabi B.V., a wholly-owned subsidiary of Eni, Italy-based oil and gas company, are awarded two exploration

Photo Release: PTTEP and PEPOV enter into an MOU for EP Collaboration Energy—04 Jan 19

Representatives from the Management and team members of PTT Exploration and Production Public Company Limited (PTTEP) and PETRONAS (E&P) Overseas Ventures Sdn. Bhd. (PEPOV), a subsidiary of PETRONAS, witnessed the signing of a Memorandum of

Holding statement 2/2019 Tropical Storm #PABUK Entering the Gulf of General—02 Jan 19

Following the offshore weather report regarding the tropical storm "PABUK" entering the Gulf of Thailand, PTT Exploration and Production Public Company Limited (PTTEP) has established a 24-hour monitoring team to closely observe the situation for the

Holding statement 1/2019 Tropical depression Entering the Gulf of Thailand General—02 Jan 19

Following the Offshore Weather Services (OWS) report regarding a tropical depression entering the Gulf of Thailand, PTT Exploration and Production Public Company Limited (PTTEP) has established a 24-hour monitoring team to closely observe and prepared

Photo Release: PTTEP receives Sustainability Report Award 2018 in Excellence General—26 Dec 18

Mrs. Susama Pitakuldilog, Vice President, Sustainability Strategy and Operational Excellence Department, PTT Exploration and Production Public Company Limited (PTTEP) received Sustainability Report Award 2018 in Excellence Category from Mr. Rapee

Fitch Ratings: Concession Wins to Lift PTT#s Reserves and Output Stcoks—18 Dec 18

PTT Exploration and Production Public Company Limited's (PTTEP) successful bid for rights to the Erawan and Bongkot fields will boost the group's reserves and production profile, Fitch Ratings says. PTTEP is the exploration and production arm of PTT

PTTEP sets investment budget of USD 3,256 million for 2019 To maintain production volume, increase Energy—18 Dec 18

PTT Exploration and Production Public Company Limited (PTTEP) announces its 5-year investment plan (2019-2023), to accomodate value added creation from the legacy assets through exploration and production activity and to support investment opportunities

Photo Release: PTTEP shareholders visit Sirikit oil field Energy—14 Dec 18

Yongyos Krongphanich, Executive Vice President, Finance and Accounting Group, PTT Exploration and Production Public Company Limited (PTTEP), welcomed the company shareholders to the Sirikit oil field at S1 Project, Thailand's largest onshore oil field

PTTEP wins bid for Bongkot and Erawan Ready to invest to ensure continuity in natural gas supply Energy—13 Dec 18

PTT Exploration and Production Public Company Limited (PTTEP) confirms its readiness to continue the operatorship in the Bongkot gas field and to become the operator in the Erawan field starting from 2022. The company will move forward with the field

Photo Release: PTTEP donates 3 million baht to support Ramathibodi General—29 Nov 18

Phongsthorn Thavisin (2nd from right), Chief Executive Officer of PTT Exploration and Production Public Company Limited (PTTEP) donates 3 million baht to Professor Charn Kiatboonsri (2nd from left), Deputy Director of Ramadhibodi Chakri Naruebodindra

Photo Release: PTTEP wins 2 awards from ASEAN CG Scorecard General—27 Nov 18

Admiral Tanarat Ubol, Chairman of the Corporate Governance Committee, PTT Exploration and Production Public Company Limited (PTTEP) (2nd from right) received two ASEAN Corporate Governance (CG) Awards for the Top 3 PLCs (Thailand) and the Top 50 ASEAN

Photo Release: PTTEP Receives Top CSR Advocates at Asia Corporate Excellence Sustainability Awards General—05 Nov 18

PTT Exploration and Production Public Company Limited or PTTEP was granted the Top Corporate Social Responsibility Advocates winner at the Asia Corporate Excellence & Sustainability Awards 2018. Nat Lohsuwan (center), Senior Vice President, General

Photo Release: PTTEP receives SET Sustainability Award and Thailand Sustainability Investment Award Events—01 Nov 18

Phongsthorn Thavisin (right), Chief Executive Officer, PTT Exploration and Production Public Company Limited (PTTEP), received SET Sustainability Award 2018 – Outstanding Category from Dr. Chaiyawat Wibulswasdi (left), Chairman of the Stock

PTTEP records net profit of USD 315 million in the 3rd quarter With robust financial position to Energy—25 Oct 18

PTT Exploration and Production Public Company Limited (PTTEP) reported net profit in the third quarter of this year at USD 315 million (equivalent to THB 10,401 million), increasing by more than 100% comparing to the same period last year, attributed

Photo Release: PTTEP makes donation to earthquake and tsunami victims in General—16 Oct 18

Titi Thongjen (right), Vice President, Indonesia Asset, PTT Exploration and Production Public Company Limited (PTTEP), presented a 1 billion Indonesian Rupiah (approximately 2 million baht) donation to Arief Handoko (left), Secretary of SKK Migas, the

Photo Release: PTTEP receives 2018 LESS Award Letter of Recognition from Energy—11 Oct 18

PTT Exploration and Production Public Company Limited (PTTEP), represented by Lawan Pornsakulsakdi (second left), Vice President, Environment Management Department, and Prapon Charusalaipong (far right), Vice President, Petroleum Development Support

PTTEP organizes KM Week 2018 Embraces digital transformation to enhance IT—14 Sep 18

PTT Exploration and Production Public Company Limited (PTTEP) organizes 'Knowledge Management Week 2018' under the theme 'Transforming Energy Future Through Knowledge, Technology and Innovation'. Dr. Sarawut Kaewtathip, Deputy Director-General of the

PTTEP remains constituent member of FTSE4Good Index Series for the 3rd consecutive Energy—31 Aug 18

PTT Exploration and Production Plc. (PTTEP), a Thai E&P company dedicating to providing a sustainable petroleum supply, continues to be recognized as a constituent member of the FTSE4Good Index Series for the 3rd consecutive year. FTSE Russell

PTTEP invites university students and public to join APDT Conference Platform to Advance Drilling General—20 Aug 18

PTT Exploration and Production Public Company Limited (PTTEP), on behalf of the host organization, invites university students and public to attend The IADC/SPE Asia Pacific Drilling Technology (APDT) Conference and Exhibition to showcase the latest

Photo Release: PTTEP cooperates with PETRONAS in EP Technology Development Energy—16 Aug 18

PTT Exploration and Production Public Company Limited (PTTEP) signed the Memorandum of Understanding (MoU) with Petroliam Nasional Berhad (PETRONAS) for Technology Development Collaboration to enhance petroleum exploration and production efficiency and

Photo Release: PTTEP hosts a seminar Driving Proactive Sustainability Energy—14 Aug 18

PTT Exploration and Production Public Company Limited (PTTEP) hosted a seminar entitled "Driving Proactive Sustainability" in collaboration with Money Channel TV and Money&Wealth magazine. Featured in the seminar were honored speakers sharing their

Photo Release: 25 years of Bongkot field Strengthening Thailands energy Energy—31 Jul 18

Offshore staff of Bongkot field, an important natural gas field in the Gulf of Thailand operated by PTT Exploration and Production Public Company Limited or PTTEP, together assembled into number 25 in celebration of 25th Anniversary of Bongkot field.

PTTEP completes the acquisition of Shells stake in Bongkot field, Ready for the bidding to maintain Energy—21 Jun 18

- Strong determination to continue operatorship in Bongkot field to maintain energy security for Thailand PTT Exploration and Production Public Company Limited (PTTEP) announced the acquisition completion of 22.2222% stake in the Bongkot field from

Photo Release: PTTEP honored with 3 awards from Asian Excellence Awards General—20 Jun 18

PTT Exploration and Production Public Company Limited (PTTEP) was granted Asia's Best CEO (Investor Relations), Asia's Best CFO (Investor Relations) for the fifth consecutive year, and Best Investor Relations Company (Thailand) for the sixth consecutive