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PTTEP joins OTC Asia 2024, highlighting vision and cutting-edge technology to enhance operational efficiency

PTTEP takes part in the Offshore Technology Conference Asia (OTC Asia 2024), the leading platform for offshore energy industry where over 25,000 professionals meet to exchange ideas and experiences to advance technical knowledge for offshore resources and environmental matters. This year’s conference – themed “Excellence in Asia: Energising Now and for the Future” – is held from February 27 to March 1, 2024 in Kuala Lumpur, Malaysia.

Mr. Montri Rawanchaikul, PTTEP CEO, is a featured speaker at the conference’s Leadership Dialogue: Excellence in Asia: Energising Now and for the Future. PTTEP executives also contribute to various strategic panel sessions as panelists, such as journey to decarbonization and sustainable development. Furthermore, PTTEP employees also present technical papers at the conference.

This year, PTTEP receives OTC Asia 2024’s “Spotlight on New Technology Award” from its AI and Robotics Solutions for Offshore Digitalization, a collaboration with its subsidiary ARV. The solutions revolutionize offshore operations with a fully autonomous robot fleet that enhances operational efficiency, safety, and cost-effectiveness for petroleum operations.

During the event, PTTEP’s exhibition booth was showcased under the theme of “Journey to the Endless Possibilities”, reflecting the company's strategies to become a sustainable organization amid business challenges and energy transition. PTTEP also exhibits the model of the emissions-reducing Carbon Capture and Storage (CCS) project study at Lang Lebah field offshore Malaysia where PTTEP made its largest-ever gas discovery. The exhibition also features cutting-edge technologies developed by ARV including Xplorer, an AUV for external pipeline inspection with its real-time photo and data reporting; and Smart Forest Solution and Carbon Credit Marketplace, decarbonization solutions through nature-based carbon credits.

International Petroleum Technology Conference: IPTC 2024

PTTEP participates in the International Petroleum Technology Conference (IPTC 2024), the flagship multidisciplinary technical event in the Eastern Hemisphere, focused on sharing new technologies and industry best practices. This year's conference – estimated to host over 2,500 organizations and more than 20,000 international energy professionals – takes place from February 12 to 14, 2024, at Dhahran Expo, Dammam City, Kingdom of Saudi Arabia, under the theme “inventing solutions > leading the transition”.
Within the conference, Mr. Montri Rawanchaikul, PTTEP CEO, is a featured speaker at the Executive Special Session: Managing Uncertainties for a Prosperous Future, alongside executives from other leading energy companies. PTTEP employees also presented technical papers at the event.

Furthermore, Miss Tida Sukeelap, Minister of Thailand to Saudi Arabia, graciously visited PTTEP’s exhibition booth which showcases the prominent model of Eastern Thailand CCS Hub Project in the Eastern Economic Corridor of Thailand (EEC) of which PTTEP is leading the feasibility study with the aim to reduce CO₂ emission using Carbon Capture and Storage (CCS) technology. The exhibition also features cutting-edge technologies including Xplorer, autonomous underwater vehicle (AUV) for external pipeline inspection, with its real-time photo and data reporting; and Smart Forest Solution and Carbon Credit Marketplace, decarbonization solutions through nature-based carbon credits. Xplorer, as well as Smart Forest Solution and Carbon Credit Marketplace, are developed by PTTEP’s subsidiary – AI and Robotics Ventures (ARV). Additionally, “Khon”, Thailand’s traditional mask performance, is presented at the exhibition booth, representing Thai cultural identity onto the international stage.

PTTEP joins COP28 in UAE, addresses climate change mitigation efforts

PTTEP actively participated in the United Nations Climate Change Conference (COP28) held in Dubai, the United Arab Emirates. PTTEP and global energy companies have pledged the Oil & Gas Decarbonization Charter, as part of COP28. PTTEP also participated in the Business & Philanthropy Climate Forum along with more than 500 global business leaders and philanthropists to achieve substantial reductions in greenhouse gases. At the Thailand Pavilion organized by the Department of Climate Change and Environment, PTTEP demonstrated our climate initiatives under EP Net Zero 2050 concept which include Carbon Capture and Storage (CCS), methane management, Smart Forest Solution for green area management and the development of a carbon credit marketplace. PTTEP’s executives also shared their visions and perspectives at side events hosted at the Thailand Pavilion, expressing ambitions to achieve net zero emissions. This involves highlighting Carbon Capture, Utilization and Storage (CCUS), as a significant approach against global warming, harnessing renewable energy in its operations, developing new forms of future energy such as hydrogen, acknowledging the conservation and restoration of biodiversity as a crucial role in tackling global warming and undertaking other activities to mitigate greenhouse gas emissions.

PTTEP and Partners Join ASEAN Methane Leadership Program (MLP)

Mr. Montri Rawanchaikul, PTTEP CEO, along with high-level executives from 13 organizations joined the launch ceremony of the ASEAN Methane Leadership Program (MLP) at Energy Asia 2023 at Kuala Lumpur Convention Center, Malaysia. This move underlines PTTEP’s commitment on Net Zero Emissions where methane emissions management is one of the key enablers.

Launched as a regional initiative, the MLP aims to promote regional collaboration, sharing on technology and practices, as well as capability building within ASEAN Energy Sector on methane emissions management.

PTTEP participates in the 2^nd Thailand Climate Action Conference (TCAC 2)

PTTEP participates in the 2nd Thailand Climate Action Conference (TCAC 2), held during 6–7 October 2023, at the Queen Sirikit National Convention Center.

During this conference, Mr. Montri Rawanchaikul, PTTEP CEO, delivers a presentation in a session on “Business Solutions for Carbon Neutrality,” where he discusses the progress made in the Carbon Capture and Storage (CCS) project development. CCS is the key technology to drive Thailand towards the goals of reaching carbon neutrality by 2050 and achieving net zero greenhouse gas emissions by 2065. PTTEP initiated the first CCS project study in Thailand at Arthit natural gas field in the Gulf of Thailand and formed a partnership within PTT Group to conduct a feasibility study under the concept of Eastern CCS Hub, starting off in PTT Group’s seaboard operational sites in Rayong and Chonburi provinces.

At the event, PTTEP showcases technologies that support net zero goal in the exhibition booths of the Ministry of Natural Resources and Environment and PTT Group. These technologies include the aforementioned CCS, as well as VARUNA Smart Forest by ARV (PTTEP’s subsidiary) which is a green area management solution that can calculate carbon credits and monitor changes.

PTTEP Showcases Vision and Innovations at Global Oil and Gas Conference “ADIPEC 2023”

PTTEP participates in ADIPEC 2023, the world’s largest energy exhibition and conference, held in Abu Dhabi, United Arab Emirates. This event aims at uniting the energy ecosystem towards “Decarbonising. Faster. Together.” Mr. Montri Rawanchaikul, PTTEP CEO, took part in presenting his vision during the panel discussion on “How upstream producers are decarbonising operations.” PTTEP executives and employees also contributed various technical proposals within the conference.

At the event, PTTEP showcases exhibition under the theme “Journey to the Endless Possibilities,” presenting investment strategies aligned with the “EP Net Zero” concept to achieve Net Zero greenhouse gas emissions by 2050 and showcasing innovations. These include technologies that enhance operational efficiency, and especially those supporting carbon dioxide reduction—developed by PTTEP and our subsidiary, ARV, together with partners.

“MERIns & MERClean”: Smart sample-collecting equipment and pipeline-decontaminating solution that promote environmentally-friendly decommissioning methods
“Thermite”: Efficient technology for plugging and abandoning depleted petroleum wells at the end of their field lifespan
“SEACURE”: Carbon sequestration in artificial reefs via concrete curing technology
“XPLORER”: Autonomous Underwater Vehicle (AUV) for external pipeline inspection, helping increase efficiency and reducing time and costs in operations
“VARUNA Carbon Credit Solution Platform”: Platform designed to accurately calculate carbon credits
Other technologies including “Smart City Solution Platform”, “HORRUS” which is Thailand’s first fully automated Unmanned Aerial Vehicle (UAV) that can quickly inspect and analyze data, and environmental projects that foster sustainable ocean health and blue carbon solutions.

ADIPEC 2023 takes place during 2–5 October 2023, with over 160,000 attendees from over 30 countries around the world. This event is regarded as another significant platform to showcase the potential of a Thai energy company on the global stage, contributing to the sustainable future of the energy industry.

For more information, please visit ADIPEC 2023 website.

PTTEP Ocean Data Platform

Visit PTTEP Ocean Data Platform for Thailand’s offshore ocean data comprising meteorological and oceanographic data derived from our research and projects under the Ocean for Life strategy with collaboration from our partners to conserve and rehabilitate marine resources and marine ecosystem in a sustainable manner. It also marks Thailand’s first use of offshore petroleum platforms as stations for collecting scientific and ocean health data.

PTTEP Ocean Data Platform aims to provide meteorological and oceanographic data such as wind speed, air and seawater temperature, microplastics level and ocean currents gathered from our offshore petroleum platforms situated around 200 km off the coast as well as from our Seawatch Buoy at Koh Mannai. The data can be used as the key inputs for various ocean conservation, emergency plans and early warning system as well as the enhancement of ocean mathematical models such as marine debris dispersion prediction, climate change impact monitoring, potential impact to ecosystem and its human use prediction, etc. Besides, the platform offers information on PTTEP initiatives under Ocean for Life strategy which are continuously undertaken with collaboration from our partners.

PTTEP Ocean Data platform is publicly accessible and linked to the country’s important marine platforms, allowing a wide range of data applications to support Sustainable Development Goal (SDG) 14: Life Below Water.

"Exploring Smiles, Producing Happiness” the Series by PTTEP

This 5-episode documentary series will take you on a journey of our staff volunteers in their hands-on social and environmental missions. Explore how PTTEP put our knowledge and technology into use for the greater good of the communities, society and the environment we live in.