Showing 1 - 10 of 242
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.
Indonesia announces trade concessions for US
Published on 08/04/2025
» JAKARTA - Indonesia announced a number of concessions for US imports on Tuesday, including reducing taxes on electronic goods and steel, ahead of trade negotiations with Washington over President Donald Trump’s sweeping tariffs.
Minister counters push to void MoU with Cambodia
News, Post Reporters, Published on 26/10/2024
» Defence Minister Phumtham Wechayachai denounced a move by political activists to petition the Constitutional Court to revoke a 2001 memorandum of understanding (MoU) between Thailand and Cambodia, established during the administration of former prime minister Thaksin Shinawatra.
Thailand eyes $300bn gas field frozen by Cambodia dispute
Bloomberg News, Published on 10/10/2024
» The Pheu Thai-led coalition government will restart negotiations with Cambodia to explore an offshore oil and gas field with at least US$300 billion worth of reserves that the two countries have been squabbling over since the 1970s.
PTTEP Reports Strong H1 Performance and Dividend Payout
Published on 06/08/2024
» PTTEP announced its operational performance and key achievements for the first half of 2024, highlighting its strategic investment expansion in the Middle East to increase the company’s petroleum proved reserves. The Board of Directors has approved an interim dividend payment of THB 4.50 per share, while the company contributed over THB 30,170 million in royalties and tax to support national development.
PTTEP grabs 2 new licences in Gulf
Business, Yuthana Praiwan, Published on 08/03/2023
» PTT Exploration and Production Plc (PTTEP) was awarded exploration and production licences at two of three new petroleum blocks in the Gulf of Thailand, a move that should pave the way for more domestic oil and gas supply to strengthen the country's energy security.
PTTEP wins 2 new licences in Gulf
Yuthana Praiwan, Published on 07/03/2023
» PTT Exploration and Production Plc (PTTEP) has been awarded exploration and production licences at two of three new petroleum blocks in the Gulf of Thailand, which should pave the way for more domestic oil and gas supply to strengthen the country’s energy security.
Sea riches prompt new talks
News, Post Reporters, Published on 14/09/2022
» Thailand will hold talks with Cambodia over a 26,000 sq km overlapping claims area (OCA) estimated to hold up to 500 million barrels of oil and gas deposits under the seafloor.
PSC in focus amid efforts to up output
Business, Yuthana Praiwan, Published on 22/06/2022
» The Department of Mineral Fuels (DMF) is working closely with PTT Exploration and Production Plc (PTTEP) on new gas production at the Erawan gas block to take advantage of a production-sharing contract (PSC).
More help for the elderly
News, Penchan Charoensuthipan, Published on 13/06/2022
» The country has multiple pension funds for retirees, such as the Social Security Fund, Government Pension Fund and National Saving Fund. Those without one rely on the government's old age allowance scheme.