Showing 1 - 10 of 141
5 firms compete for oil licences
Business, Yuthana Praiwan, Published on 18/07/2025
» Five Thai and foreign energy firms are vying for licences on new onshore petroleum exploration and production projects, part of the state's latest efforts to boost the economy, says the Department of Mineral Fuels.
PTTEP wins gas drilling licence in Algeria
Business, Yuthana Praiwan, Published on 19/06/2025
» PTT Exploration and Production Plc (PTTEP) plans to grow its gas business in Africa after its subsidiary was granted a licence for onshore petroleum exploration and production by the Algerian government.
PTTEP, Oman Extend Block 53 Concession to 2050
Published on 30/05/2025
» Mr Montri Rawanchaikul (far left), Chief Executive Officer of PTT Exploration and Production Public Company Limited (PTTEP), together with H.E. Salim bin Nasser Al Aufi (centre), Oman’s Minister of Energy and Minerals; Ms Vicki Hollub (second from left), President and Chief Executive Officer of Occidental Petroleum; Mr Ashraf Al Mamari (second from right), Group Chief Executive Officer of OQ; and Mr Rashed Al Blooshi (far right), Director of Non-Operated Assets at Mubadala Energy, have signed a memorandum of understanding to extend the production sharing contract for the Oman Block 53 project until 2050.
Oil auctions herald new Thai supplies
Business, Yuthana Praiwan, Published on 07/03/2025
» Authorities are hopeful for the development of nine new petroleum fields to increase long-term energy supply in Thailand, following an official invitation for investors to apply for an auction for onshore petroleum exploration and production licences.
Onshore petroleum auction set to be held
Business, Yuthana Praiwan, Published on 26/12/2024
» Authorities are calling for bids for onshore petroleum exploration and production in nine areas in the Northeast and central region for the first time in 17 years to increase domestic petroleum supply.
PTTEP allots $21.2bn to 5-year strategy
Business, Yuthana Praiwan, Published on 23/12/2024
» PTT Exploration and Production Plc (PTTEP) is preparing to allocate a budget of US$21.2 billion to fuel its core business and support decarbonisation plans over the next five years.
Slim growth in Thai oil and condensate
Business, Published on 09/07/2024
» Thailand faces a structural decline in proved oil reserves, but a notable increase was achieved in 2022, driven by accelerating drilling activities in the Gulf of Thailand.
Round 25 bidding 'by end of the year'
News, Yuthana Praiwan, Published on 09/02/2024
» A new auction for petroleum exploration and production in nine onshore blocks will be organised by the end of the year to support the state's efforts to increase the domestic petroleum supply, according to the Department of Mineral Fuels.
PTTEP welcomes shareholders visiting Sirikit Oilfield, S1 Project
Published on 03/01/2024
» PTT Exploration and Production Public Company Limited (PTTEP) represented by Ms. Yaninee Wajeepratubjit, Senior Vice President, Corporate Secretary and Assurance Division; Mr. Anan Amornprabharwat, Senior Vice President, Thai Onshore Asset; and Mr. Sarayut Niamrit, Acting Vice President, S1 Production Operations Department, welcomed 200 shareholders to the Sirikit Oilfield at S1 Project, the largest onshore oil field in Thailand in Lan Krabue District, Kamphaeng Phet Province, which is operated by PTTEP. The shareholders also visited Piyachat Nithat Exhibition Center which highlights insights into petroleum exploration, development, and production processes. The visit also featured various local agricultural products as part of a CSR project supported by PTTEP.
Renewal of gas licence at Pailin shortly
Business, Yuthana Praiwan, Published on 17/11/2023
» The renewal of a licence to produce gas from the Pailin block in the Gulf of Thailand is likely to be processed quickly early next year to avoid problems that could affect domestic gas supply, says the Department of Mineral Fuels.