16th March 2026
EP
For the 2025 financial performance, PTTEP reported a total revenue of THB 294,849 million (US$8,970 million).
Thailand’s PTTEP has taken FID on its first greenfield development offshore Malaysia, the SK405B project.
The development in the SK405B production sharing contract offshore Sarawak covers the Chenda and Sirung oil fields, to be produced via a new central processing platform and a wellhead platform.
Facilities will be engineered for zero routine flaring and remotely operated offshore operations.
First oil should follow in 2028 with a combined production capacity from the fields of about 15,000 bbl/d.
PTTEP Sarawak Oil is the operator, in partnership with PETRONAS Carigali and Mitsui Energy Development Co.
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