PTTEP is strategically expanding its operations in the UAE, Oman, and Algeria to enhance growth, supported by significant investments and recent promising discoveries.

Target Information

PTTEP (PTT Exploration and Production Public Company Limited) recently announced its operational performance for the first half of 2025, emphasizing its strategic investments in the United Arab Emirates (UAE), Oman, and Algeria aimed at facilitating company growth. The Board of Directors has sanctioned an interim dividend payment of THB 4.10 per share during this period. Additionally, PTTEP contributed over THB 30,200 million in royalties and taxes to bolster national development initiatives.

CEO Mr. Montri Rawanchaikul highlighted the company’s achievements, including the successful awarding of the Reggane II block in Algeria in partnership with Eni Algeria Exploration B.V. This production sharing contract, pending official approval from the Algerian government, allocates PTTEP a 34% interest in the project. The Reggane II block presents a strategic opportunity for enhanced resource management and development, featuring both discovered gas and exploration potential.

Industry Overview

The energy sector in the UAE, Oman, and Algeria is key to regional economic growth, with the countries leveraging their natural resources to attract foreign investments and foster partnerships. The UAE, in particular, is well-known for its r