HoonSmart.com >> “PTTEP” (PTTEP) signed a production sharing contract. “Petroleum Exploration and Production Blocks” in the Gulf of Thailand No. G1/65 and G3/65, effective June 1, 2023, according to the strategic plan that focuses on investment in strategic regions. increase commercial development opportunities help manage costs for maximum benefit Near the project the company is working on
PTT Exploration and Production Company (PTTEP) or PTTEP disclosed that according to the reporting company on obtaining the right to explore and produce petroleum Exploration Blocks in the Gulf of Thailand No. G1/65 and G3/65 on March 8, 2023, PTTEP Energy Development Company Limited (PTTEP ED), the company is a subsidiary of PTTEP. has signed Production Sharing Contracts for blocks G1/65 and G3/65 with a 100% interest and is the operator of both blocks. June 2023 onwards
obtain the right to explore and produce petroleum in the exploration blocks mentioned above; This is in line with the company’s strategic plan which focuses on investing in key strategic regions. It will increase the opportunity for rapid commercial development and help control costs for maximum benefit. because it is close to the project the company is working on It also strengthens energy security for Thailand as well.
