Saudi oil and gas drilling contractor ADES Holding has signed a contract with Thai national oil and gas company PTTEP for one of its modern jack-up drilling rigs, worth $94 million.The contract, signed on May 14, 2024, is for an 18-month firm term plus a nine-month optional extension, according to the letter of intent (LOI) agreed by the companies in March 2024.Operations are expected to commence during the second half of 2024…
Malaysia-based offshore services firm Sapura Energy, through its wholly-owned subsidiary Sapura Subsea Services, has secured a contract to provide subsea services for Thai oil company PTTEP’s subsidiaries in Malaysia.The contract, effective from February 21…
McDermott has been awarded a ‘sizeable’ offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, offshore Sabah in East Malaysia.Under the scope of the contract…
Thai oil and gas giant PTT Exploration and Production (PTTEP) has signed a memorandum of understanding (MoU) with Mahidol University to advance the development of carbon capture and storage (CCS) technologies and skills in Thailand.The MoU was…
Thai oil and gas giant PTT Exploration and Production (PTTEP) and its Japanese counterpart Inpex have teamed up to conduct a study on carbon capture and storage (CCS) potential in the Northern Gulf of Thailand.The study is expected to lay a…
Malaysia’s Petronas Carigali and Thai PTTEP have signed agreements related to the development of PTTEP-operated oil and gas Blocks SK405B and SK410B located off the coast of Sarawak, offshore Malaysia.Petronas and PTTEP signed a memorandum of…
TotalEnergies has signed an agreement with Thailand’s national oil and gas company PTTEP for the sale of a 25.5% equity stake in the Seagreen offshore wind farm for $689 million.Following the farm down, TotalEnergies retains 25.5% of Seagreen offshore wind farm…
PTTEP has made three consecutive oil and gas discoveries offshore Malaysia and says it is strategically poised to expedite the development of these discoveries through a cluster development approach.Montri Rawanchaikul, CEO of PTTEP, disclosed that PTTEP’s subsidiary…
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…
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…
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…
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…
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…
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…
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…
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