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Search Result for “bidding”

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BUSINESS

Petroleum law changes put on hold

Business, Yuthana Praiwan, Published on 21/01/2026

» The Department of Mineral Fuels (DMF) has finished drafting amendments to the Petroleum Act to ensure the continuity of petroleum production when licences expire, avoiding delays that can result in expensive electricity bills.

BUSINESS

Call to reform outdated oil laws to protect energy security

Business, Yuthana Praiwan, Published on 13/01/2026

» PTT Exploration and Production (PTTEP), Thailand's leading oil and gas company, has warned that outdated petroleum laws could threaten the country's energy security if they are not revised soon.

BUSINESS

Offshore oil auction bidding to start soon

Business, Yuthana Praiwan, Published on 11/12/2025

» Thailand is to invite bids for offshore oil and gas exploration in the Andaman Sea, with cabinet approval expected by the end of this month, according to Energy Ministry permanent secretary Prasert Sinsukprasert.

BUSINESS

Bangchak uncertain on petroleum plans

Business, Yuthana Praiwan, Published on 14/08/2025

» SET-listed Bangchak Corporation has yet to decide whether to re-enter the petroleum business in Asia, though it is collaborating with Chevron Offshore (Thailand) to explore for oil and gas in a potential area in the Gulf of Thailand.

BUSINESS

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.

BUSINESS

Outlook upbeat for Andaman oil auction

Business, Yuthana Praiwan, Published on 18/01/2025

» Energy officials are optimistic about finding new petroleum fields in the Andaman Sea following the successful discovery of petroleum in the lower part of the Andaman, says the Department of Mineral Fuels (DMF).

BUSINESS

Absolute Clean Energy pursues green ambitions

Business, Yuthana Praiwan, Published on 08/01/2025

» Higher electricity generation capacity will no longer be a primary goal of SET-listed Absolute Clean Energy (ACE), a local biomass power developer and operator, as it focuses more on a net zero-driven policy for its business direction.

BUSINESS

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.

BUSINESS

Demco revenue rises amid green growth

Business, Yuthana Praiwan, Published on 12/12/2024

» SET-listed Demco, a contractor and engineering service provider, is continuing to rack up revenue in the final quarter, helped by a recent contract to build electricity transmission systems worth 270 million baht.

BUSINESS

Egat to extend the lives of coal-fired power stations

Business, Yuthana Praiwan, Published on 12/11/2024

» The Electricity Generating Authority of Thailand (Egat) is planning to refurbish two coal-fired power generation units in a move to extend their service life and prolong the supply of low-cost electricity to the country.