PTT Exploration and Production Public Company Limited (PTTEP) has strategically enhanced its operational capabilities by acquiring a 50% participating interest in the Malaysia-Thailand Joint Development Area A18 Project, aiming to bolster production capacity and diversify its resource base to meet rising energy demands in Thailand.

Information on the target

PTT Exploration and Production Public Company Limited (PTTEP) is a leading oil and gas exploration and production company based in Thailand. In 2025, PTTEP reported robust operating results, aligning with its strategic objectives to enhance Thailand's energy security while delivering sustainable growth and consistent returns to its shareholders. The company proposed a dividend payment of THB 8.75 per share, reflecting its commitment to shareholder value. PTTEP contributed over THB 49,800 million to the Thai government through royalties and taxes, underscoring its role in national development.

Throughout the year, PTTEP made significant advancements in its strategic initiatives, including acquiring a 50% participating interest in the Malaysia-Thailand Joint Development Area (MTJDA) A18 Project, which is crucial for natural gas supply in Southern Thailand. The company also increased production levels in key projects, such as the Arthit field, to meet rising domestic energy demands.

Industry overview in the target’s specific country

The oil and gas industry in Thailand plays a vital role in the country's economy, contributing significantly to energy security and national revenue. With a growing demand for energy, particularly natural gas, the indus