Public | |
Traded as | : PTTEP |
Industry | Oil and Gas |
Founded | 20 June 1985 |
Headquarters | Bangkok, Thailand |
Area served
|
Worldwide |
Key people
|
Tevin Vongvanich, President and CEO |
Revenue | $7.4 billion USD (2014) |
Profit | $677 million USD (2014) |
Total assets | $23.2 billion USD (2014) |
Parent | PTT Group |
Website | www |
PTT Exploration and Production Public Company Limited (PTTEP) is an oil and gas exploration and production company based in Thailand. It is a subsidiary of the state-owned PTT Public Company Limited. The company was founded on 20 June 1985, and currently has operations in eleven countries worldwide.
On the 5th of MAY 2017 The Indonesian government launched a $US2 billion lawsuit against the company responsible for the worst oil spill in the history of Australia's offshore petroleum industry.
An estimated 300,000 litres of oil a day belched into the Timor Sea for more than 10 weeks after the Montara wellhead operated by Perth-based PTTEP Australasia began leaking and then exploded on August 21, 2009.