Kanita Tanita Sartvattau has been appointed as the new CEO of PTTEP and will become the first woman to hold this position in the company's history. Her responsibilities include strengthening sustainability and developing the business in line with the principles of sustainable development.
A new floating production, storage, and offloading unit (FPSO) is planned to be installed at Malaysia’s Kikeh field, replacing the outdated platform. The project is being carried out by a consortium from India and Malaysia, with commissioning expected after 2028.
Thailand's national oil and gas company PTTEP is preparing to make an investment decision on the development of the Bussabong gas field, with production expected to begin in 2028. The project involves partner Valeura, which is acquiring a 40% stake, and further exploration and development of offshore assets in the northern part of the Gulf of Siam are planned.