Pttep News


PTTEP extends CGG processing contract

Jun 20, 2017

Thailand’s PTT Exploration & Production Public Co. (PTTEP) has renewed its contract with Paris-based geophysical firm CGG for CGG to continue operating PTTEP’s dedicated processing center (DPC) in Bangkok. CGG has operated the center on PTTEP’s behalf since November 2013…

Sapura inks US$206 million in work

Jun 08, 2017

Sapura Energy Berhad (SEB) has been awarded contracts with a combined value of about US$206 million (RM879 million) offshore Myanmar, Brunei, India, and Australia from several companies including PTG, Shell, ONGC, and PTTEP. Off Myanmar…

PTTEP awards Neptune Cash Maple work

Apr 21, 2017

Neptune has been awarded a major geophysical and geotechnical work scope by PTTEP, Thailand's national petroleum exploration and production company, at the Cash Maple Field, approximately 630km North-Northeast of Broome, Australia. Neptune…

VAALCO appoints new CFO

Apr 18, 2017

VAALCO Energy has appointed Phil Patman as chief financial officer (CFO) effective 17 April 2017. Patman has over 20 years of experience in the oil, gas and other areas of the energy industry in key roles including finance, business development…

Vantage nets Aquamarine Driller extension

Apr 04, 2017

Vantage Drilling has been awarded a nine-month extension for the Aquamarine Driller jackup that is operating in the Malaysia/Thailand joint development area. The jackup has been under contract with Carigali-PTTEP Operating Co. (CPOC)…

PTTEP, JOGMEC ink collaboration agreement

Mar 24, 2017

Thailand's PTT Exploration and Production (PTTEP) has signed a memorandum of understanding (MoU) with Japan Oil, Gas and Metals National Corp. (JOGMEC), for cooperation in research and technology development in the oil and gas business, aiming…

Total enters PTTEP Myanmar MD-7

Mar 09, 2017

PTT Exploration and Production (PTTEP) has entered a partnership agreement with Total E&P Myanmar to divest 50% participating interest in the Myanmar MD-7 project, offshore Myanmar. Operator PTTEP will collaborate with Total in the exploration and development activities in the block…

Thailand's PTTEP wins first Malaysian operatorship

Jul 22, 2016

Malaysian state oil firm Petronas has awarded its first production sharing contract (PSC) for 2016, and given Thailand's PTTEP its first operatorship in Malaysia. The PSC was awarded to PTTEP HK Offshore, Kufpec Malaysia, and Petronas Carigali for the exploration Block SK410B…

C-Kore delivers tools to SEAR JIP

Feb 18, 2016

UK based C-Kore Systems delivered its subsea monitoring units to PTTEP Australasia for use on the Subsea Equipment Australian Reliability (SEAR) JIP. The SEAR JIP was formed to meet the challenging subsea conditions faced in Australian waters…

BG updates Brazil operations

Oct 27, 2015

BG group's Brazilian operations reached record net production of 159,000 boe/d in July 2015.  Located 300km from Sao Paulo, BG Group along with partners Petrobras, PTTEP Brasil, and Petrogral, have interest in Sapinhoa, Lapa, Lula…

PTTEPI inks EDrill-2 for Zawtika

Oct 09, 2015

PTT Exploration & Production International (PTTEPI) has contracted high specification tender barge rig, EDrill-2, for a firm term of 18 months with an option period of 30 months. Zawtika Development Drilling Campaign (Phase 1B + Infield…

BG to gain Kenya interest

Jun 01, 2015

Pancontinental Oil & Gas and its L10A joint venture partner, PTTEP of Thailand, issued to operator BG Kenya their notices of withdrawal from Block L10A in the Lamu basin offshore Kenya. Subject to ministerial consent, Pancontinental’s 18…

Pancontinental drops Kenya block

Apr 08, 2015

Australia's Pancontinental is withdrawing from the BG Group-operated Kenya license L10B and from the production sharing agreement governing L10B.  Pancontinental holds a 25% interest in L10B, while BG holds 75%. L10B is immediately south of area L10A…

Petrobras adds to Espirito finds

Jan 07, 2015

Petrobras has made new oil discoveries in the Espirito Santo Basin, offshore Brazil, according to exploration partner Inpex.  The discoveries, in the BM-ES-23 concession, 115km off the coast of the State of Espirito Santo, southeastern Brazil…

Statoil, EMGS enter multi-client agreement

Dec 02, 2014

Electromagnetic Geoservices ASA (EMGS) entered into a data licensing agreement with Statoil ASA worth US$10 million for the provision of 3D EM data from EMGS' multi-client data library in Norway. After adjustment for partner's share of the revenues…

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