Showing 1 - 10 of 138
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.
PTTEP keeps focus on Middle East
Business, Yuthana Praiwan, Published on 21/08/2023
» PTT Exploration and Production Plc (PTTEP) plans to emphasise business in the Middle East as it considers increasing petroleum production and offering new energy business opportunities, says chief executive and president Montri Rawanchaikul.
Gas supply on an upward trajectory
Yuthana Praiwan, Published on 29/06/2023
» Thailand’s domestic gas supply has increased as production from the Erawan gas block in the Gulf of Thailand has risen to 400 million standard cubic feet per day (MMSCFD) from 210 MMSCFD earlier this year, according to the Department of Mineral Fuels.
PTTEP to sell Australian gas field in 2023
Business, Yuthana Praiwan, Published on 23/01/2023
» PTT Exploration and Production Plc (PTTEP) is continuing to refocus its investments on new petroleum sites, with the latest plan to sell the Cash and Maple gas and condensate field in Australia.