PTT Exploration and Production Public Co Ltd (PTTEP), a subsidiary of PTT Public Co Ltd, is primarily engaged in petroleum exploration, development, and production. The company also ventures into renewable energy, new forms of energy, and advanced technology. PTTEP operates over 50 petroleum exploration, development, and production projects in more than 12 countries. The company also invests in midstream businesses and has diversified into new businesses including renewable energy and advanced technology for decarbonization.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

PTTEP prioritizes research and development of technology and innovation to support its strategies and targets. The primary objectives include enhancing value creation and competitiveness in petroleum exploration and production, reducing greenhouse gas emissions, and supporting energy transition and new business opportunities through the development and application of advanced in-house technology. In FY2024, PTTEP had 42 technology projects in the development phase, such as the Low BTU Flare Tip technology, which aims to reduce greenhouse gas emissions from production processes. A pilot test of this technology was successfully implemented at the G2/61 Project in FY2024, resulting in significant natural gas recovery and CO2 emissions reduction. Additionally, PTTEP established Xplor Ventures Company Limited (XPV) to strategically invest in Corporate Venture Capital, focusing on future energy technologies and decarbonization technologies.