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PTTEP presents 2 million baht to successful sailing athletes at SEA Games 2019

Phongsthorn Thavisin (Back row, 6th right), President and Chief Executive Officer of PTT Exploration and Production Public Company Limited (PTTEP) presents 2 million baht rewards to Admiral Naris Pratumsuwan, President of the Yacht Racing Association of Thailand (YRAT) under the Royal Patronage of His Majesty the King (back, 5th left) for the outstanding success of Thailand’s sailing athletes and coaches at the 2019 SEA Games. The celebration was held at the Sattahip Navy Hotel, Amphoe Sattahip, Chon Buri Province.

PTTEP organizes Conservation Youth Camp for school students to learn the importance of natural resources in Ranong Province

PTT Exploration and Production Public Company Limited (PTTEP) arranged the 5th Conservation Youth Camp to give students from 13 secondary schools and high schools in Ranong Province the chance to experience natural resources of mangrove forests in Ranong biosphere reserves, which is recognized as the most plentiful mangrove forests in the Asia Pacific. The students attended several conservation activities including walking through the nature trail and studying the marine ecosystem. The activity was organized in collaboration with Andaman Coastal Research Station for Development, the Faculty of Fisheries of Kasetsart University and the Mangrove Forest Resource and Technology Transfer Center 3 (Ranong), Department of Marine and Coastal Resources.

PTTEP sets investment budget of USD 4,613 million for 2020 with 11% increase of sales volume target

Bangkok, December 16, 2019 – PTT Exploration and Production Public Company Limited (PTTEP) announces its 5-year investment plan (2020-2024) to focus on investing in the legacy assets through ‘Execute’ strategy as well as ensuring seamless transitions of the winning blocks and recently acquired projects to increase production volume and sustain the company’s growth.

Phongsthorn Thavisin, PTTEP President and Chief Executive Officer, said the company has set aside total expenditure for PTTEP and its subsidiaries in 2020 of USD 4,613 million (equivalent to THB 143,012 million), of which USD 2,647 million (equivalent to THB 82,064 million) is Capital Expenditure (CAPEX) and USD 1,966 million (equivalent to THB 60,948 million) is Operating Expenditure (OPEX). For 5-year investment plan (2020-2024), PTTEP allocates a budget of USD 24,619 million (equivalent to THB 716,216 million) with details as the following.

Phongsthorn Thavisin, PTTEP President and Chief Executive Officer, said the company has set aside total expenditure for PTTEP and its subsidiaries in 2020 of USD 4,613 million (equivalent to THB 143,012 million), of which USD 2,647 million (equivalent to THB 82,064 million) is Capital Expenditure (CAPEX) and USD 1,966 million (equivalent to THB 60,948 million) is Operating Expenditure (OPEX). For 5-year investment plan (2020-2024), PTTEP allocates a budget of USD 24,619 million (equivalent to THB 716,216 million) with details as the following.

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