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National Oil Company Upstream SET: PTT

PTTEP

Bangkok, Thailand · Established 1985 · Profile updated July 1, 2026

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Auditor Executive Assessment

Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum

PTT Exploration and Production (PTTEP) is the upstream subsidiary of PTT Group, producing approximately 500 kbpd oil equivalent from Thailand, Malaysia, Myanmar, UAE, and Algeria. International portfolio provides 70%+ of production. FY2024 revenue approximated $8 billion with net income near $1.5 billion. Zawtika (Myanmar) and Sirikit (Thailand) are key gas assets. Hassi R'Mel (Algeria) and Abu Dhabi concessions anchor MENA portfolio. E&P growth focus on Southeast Asia gas and Middle East oil....

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