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Algeria 433a & 416b Project

The project production volumes averaged 18,399 BPD.
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Algeria Hassi Bir Rekaiz Project

The project has reached agreement to start the development of approved by government that the development plan started in March 2019.
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PTTEP Australasia Project

The Montara Field’s operatorship transfer is awaiting for approval from the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA, Australia. The Cash Maple Field is under the evaluation of appropriated development plan The AC/P54 Field completed an exploration well drilling
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Barreirinhas AP1 Project

The project is under the evaluation of the petroleum potential.
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Brazil BM-ES-23 Project

The project is under the evaluation of the petroleum potential.
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Mariana Oil Sands Project

The project is under the evaluation of appropriate project development plan.
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Sarawak SK410B Project

The project is under drilling preparation of an appraisal well.
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Sarawaksk 417 Project

The project is under the evaluation of petroleum potential.
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Sarawak SK438 Project

The project is under the evaluation of the petroleum potential.
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Peninsular PM415 Project

PTTEP signed the Production Sharing Contracts on 21 March 2019. Currently, the project is under the evaluation of petroleum potential.
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Peninsular PM407 Project

PTTEP signed the Production Sharing Contracts on 21 March 2019. Currently, the project is under the evaluation of petroleum potential.
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Mexico block 29 (2.4) Project

The projects is under the evaluation of petroleum potential.
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Mexico block 12 (2.4) Project

The project is under evaluation of the petroleum potential.
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Mozambique Area 1 Project

The project has made a significant progress in Q1, 2019, which includes; signing the long-term LNG Sale and Purchase Agreements (SPAs) with various buyers for 9.5 MTPA per year, which is sufficient for project finance with financial institutions. In addition, the project has been granted the approval from the government and Area 4 Project (near-by project), as the first mover of the development of Onshore LNG Plant in Mozambique, to lead the construction of the shared facilities; Material Offloading Facility and LNG Jetty constructions.
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Myanmar M3 Project

The project is awaiting approval for the Field Development Plan from the Government of Myanmar.
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Myanmar M11 Project

The project is in preparation for drilling plan of an exploration well and is seeking partner to manage the project’s risk.
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Myanmar MOGE3

The project completed drilling an exploration well in January 2019. Currently, the project is in process of drilling the second exploration well as well as preparing for 2 exploration wells drilling in 2019.
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Myanmar MD-7 Project

The project is under preparation for drilling plan of exploration well.
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Abu Dhabi Offshore 1 Project

PTTEP signed the concession agreements on January 12, 2019. Currently, the project is under the evaluation of petroleum potential.
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Abu Dhabi Offshore 2 Project

PTTEP signed the concession agreements on January 12, 2019. Currently, the project is under the evaluation of petroleum potential.
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Vietnam B 48/95

The project is under Production Sharing Contracts extension request and is under the negotiation process on commercial terms in order to push forward the Final Investment Decision (FID).
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Vietnam 52/97 Project

The project is under Production Sharing Contracts extension request and is under the negotiation process on commercial terms in order to push forward the Final Investment Decision (FID)
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Vietnam 16-1 Project

The project is drilling an additional production well to maintain production plateau. Crude oil and natural gas sales volume in Q1 averaged 16,665 BPD and 6 MMSCFD (approximately 1,352 BOED) respectively.
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Bongkot Project

The project maintained the production plateau as planned. In February 2019, PTTEP signed the Production Sharing Contracts (PSCs) of Block G1/61 (Erawan field) and Block G2/61 (Bongkot field)
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Contract 4 Project

Ubon Field is in the process of pre-development and expected the first production by 2023 with crude oil and natural gas capacity of 25,000 BPD and 50 MMSCFD respectively (approximately 8,300 BOED).
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S1 Project

The project has continuously drilled additional production wells to maintain production levels.
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International

Phase

Exploration

Investment Type

PTTEP as Joint Venture Partner

Exploration and Production

Mozambique Area 1 Project
Type of Business Exploration and Production
Concessions Rovuma Offshore Area 1
Area 4,981 square kilometers
Location Mozambique Offshore
Operator Anadarko
Petroleum Fields Prosperidade, Golfinho-Atum, Orca, Tubarao and Tubarao-Tigre
Type of Petroleum LNG
Signing Date
Production Start-up
Phase Exploration
Investment Type PTTEP as Joint Venture Partner

Partners & Share

Rovuma Offshore Area 1

Anadarko
26.5%
Mitsui E&P Mozambique Area 1 Limited
20%
Empresa Nacional de Hidrocarbonetos, EP (ENH)
15%
BPRL Ventures Mozambique B.V. (BPRL)
10%
ONGC Videsh Limited (OVL)
10%
BEAS Rovuma Energy Mozambique Limited (BREML)
10%
PTTEP Mozambique Area 1 Limited (PTTEP MZA1)
8.5%

Project Progress :

Year :

2017

Quarter 4 The Project development plan is in the process of the final approval from the Government of Mozambique which is expected to be approved by early 2018. The project is also expediting for the finalization of LNG off-take agreements, and is negotiating for project finance with financial institutions in order to support the Final Investment Decision (FID), which is expected for the first phase of production with the capacity of 12 Million tons per annum (MTPA) in 2023.

2018

Quarter 1 The Government of Mozambique approved the plan of Development for the Golfinho-Atum area and began the preparation at the LNG liquefaction plant construction area. The Project also successfully secured the LNG Sale and Purchase Agreement (SPA) with EDF. Quarter 2

The project signed the additional LNG Heads of Agreement (HOA) of 2.6 Million tons per annum (MTPA) with Tokyo Gas Co.,Ltd. and Centrica LNG Co.,Ltd.  The Project also expedites the finalization of other LNG Sale and Purchase Agreements (SPAs).

Quarter 3 The project has made a significant progress during Q3, 2018 including the site preparation activities to support onshore LNG liquefaction plant construction, the completion of contractor selection for offshore installation. The project is under negotiation on construction agreement of onshore LNG liquefaction plant and the finalization and signing of other long term LNG Sale and Purchase Agreements (SPAs) with potential buyers. In parallel, the project is negotiating for project finance with financial institutions in order to support the Final Investment Decision (FID) in the 1H2019. Quarter 4 The project is under the finalization and signing of long term LNG Sale and Purchase Agreements (SPAs) with potential buyers and, in parallel, the project is negotiating for project finance with financial institutions in order to support the Final Investment Decision (FID) in the 1H2019, with the planned first phase of production at 12 MTPA starting in 2024.

2019

Quarter 1 The project has made a significant progress in Q1, 2019, which includes; signing the long-term LNG Sale and Purchase Agreements (SPAs) with various buyers for 9.5 MTPA per year, which is sufficient for project finance with financial institutions. In addition, the project has been granted the approval from the government and Area 4 Project (near-by project), as the first mover of the development of Onshore LNG Plant in Mozambique, to lead the construction of the shared facilities; Material Offloading Facility and LNG Jetty constructions.