Pttep News


Malaysia Banks 1 Billion+ BOE Discoveries in 2023

Dec 01, 2023

PETRONAS and its Petroleum Arrangement Contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion barrels of oil equivalent (bboe) of new resources for Malaysia in 2023. This achievement…

PTTEP May Seek Extension for Myanmar Gas Fields

Oct 03, 2023

Thai oil and gas giant PTT Exploration and Production (PTTEP) may extend its contracts for two gas fields in neighboring Myanmar when one ends in 2028 and the other in about 20 years, its chief executive said on Monday.PTTEP also bid for two…

Thai Oil Giant Joins for Renewable Subsea Power Project in Scotland

Jul 31, 2023

Thailand’s state oil and gas company, PTTEP, has joined the Renewables for Subsea Power (RSP) collaborative project, which is intended to prove the concept of powering subsea equipment with wave power and intelligent subsea energy storage.The £2 million demonstrator initiative…

Noble Corp. Wins $49M Drillship Contract Extension in Malaysia

Jul 11, 2023

Offshore drilling firm Noble Corporation said Tuesday that Shell's Malaysian subsidiaries Sarawak Shell Berhad and Sabah Shell Petroleum Co Ltd (SSB/SSPC) had exercised three one-well options on the current Noble Viking drillship contract in Malaysia…

Velesto Unveils PTTEP Jack-up Drilling Deal

Jul 11, 2023

Malaysian firm Velesto Drilling, a subsidiary of Velesto Energy, has secured a contract from the Thai-based oil firm PTTEP to provide a jack-up drilling rig for its offshore drilling program in Malaysia.In a statement on Tuesday, July 11, 2023…

T7 Global Wins Offshore Decom and Headhunting Jobs from Hibiscus, PTTEP

Jan 25, 2023

Malaysian energy industry services provider, T7 Global said Wednesday it had secured two letters of award worth a combined value of approximately RM100 million (currently around $23,47 million). The letters of award were secured by the company's…

PTTEP Taps Honeywell for CCS Project Offshore Thailand

Jan 20, 2023

Thai oil and gas company PTTEP has hired Honeywell as the carbon capture technology provider for the Arthit Carbon Capture and Storage Project in the Arthit Gas Field in the Gulf of Thailand. Honeywell said its Separex Membrane Technology will…

PTTEP Taps Technip Energies for FEED at Lang Lebah Gas Plant with CO2 Capture

Oct 06, 2022

Thai oil company PTTEP has selcted Technip Energies to perform Front-End Engineering Design (FEED) of the Lang Lebah OnshoreGas Plant 2 (OGP2) project located in Bintulu, Sarawak, in Malaysia. The FEED contract covers the design of an onshore…

Maersk Drilling Secures Work for Maersk Viking Rig in Malaysia

Sep 26, 2022

Maersk Drilling has secured a contract extension with Sarawak Shell Berhad and Sabah Shell Petroleum Co Ltd (SSB/SSPC) for the Maersk Viking drillship in Malaysia. The drillship will also work for PTTEP.Shell's Malaysian subsidiaries have have…

Ranhill Worley to Deliver FEED Services for PTTEP's Offshore Gas Project in Malaysia

Sep 16, 2022

Bursa Malaysia-listed firm Ranhill Utilities said Wednesday that its affiliate firm Perunding Ranhill Worley had won a contract with the Thai oil firm PTTEP to provide front-end engineering and design (FEED) services for offshore facilities for SK410B Lang Lebah development project…

Myanmar Earns $800M from April-July Gas Exports

Aug 25, 2022

Military-ruled Myanmar earned $800 million from natural gas exports mainly to China and Thailand, between April and July, the junta said in the state newspaper on Thursday.The country has been embroiled in chaos since the military overthrew…

PTTEP Restarts Zawtika Gas Flows to Thailand After Pipeline Fixed

Aug 16, 2022

Thai oil and gas company PTTEP has restarted gas deliveries to Thailand from the Zawitka offshore gas field in Myanmar, following a halt caused by an onshore gas leak earlier this month.PTTEP had said that there had been a leakage at the Zawtika’s onshore pipeline…

TotalEnergies 'Definitely' Withdraws from Myanmar

Jul 20, 2022

French oil major TotalEnergies on Wednesday confirmed its definite withdrawal from Myanmar and repeated its condemnation of the abuses and human rights violations in the country.To remind, Total said earlier this year it would officially exit Myanmar oil and gas business in July…

Petronas Exits Myanmar's Yetagun Field

Apr 29, 2022

Malaysian oil and gas company Petronas has withdrawn from Blocks M12, M13, and M14 located in the Yetagun field, offshore Myanmar.'The decision was made following a thorough techno-commercial review in alignment with Petronas' asset rationalization…

PTTEP Becomes Official Operator of Erawan, Bongkot Offshore Fields

Apr 25, 2022

Thai oil and gas company PTTEP has become the official operator of the G1/61 offshore block, containing the Erawan, Platong, Satun, and Funan fields, as well as the G2/61 project, containing the Bongkot field, offshore Thailand.Back in December 2018…

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