News & Media

PTT Exploration and Production Public Company Limited (PTTEP) represented by Mr. Montri Rawanchaikul (3^rd from right), Executive Vice President, Strategy and Business Development Group, signed an Agreement for the Assignment and Transfer of the 22.2222% stake in the Bongkot Project from companies that are part of Royal Dutch Shell Plc group of companies represented by Mr. Iain Lo (3^rd from left), Vice President, Commercial & New Business Development, Asia. The acquisition is aligned with PTTEP growth strategy, and upon the completion of the transaction, PTTEP’s stake in the Bongkot Project will increase to 66.6667%.

The Bongkot Project, the largest natural gas field in the Gulf of Thailand, is the first offshore gas field operated by a Thai E&P company PTTEP. The project will mark its 25th anniversary in July this year.

Photo shows (from left): Mr. Virang Gadoya, General Manager, Deal Delivery & New Business Development, Asia,; Mr. Ath Hemvijitraphan, Deputy Country Chairman, Shell Thailand; Mr. Iain Lo, Vice President, Commercial & New Business Development, Asia; Mr. Montri Rawanchaikul, Executive Vice President, Strategy and Business Development Group, PTTEP; Mr. Somporn Vongvuthipornchai, Chief Executive Officer, PTTEP and Mr. Phongsthorn Thavisin, President, Exploration and Production, PTTEP.

For more information, please contact Media Management Section
Tongchit Pongorapin   Tel. +66 (0) 2537 4587          
Kamolwan Chintarat  Tel. +66 (0) 2537 4381
Nalin Viboonchart  Tel. +66 (0) 2537 4834
E-mail: PTTEPCorpCom@pttep.com