PTT Exploration and Production PCL 2018 AR2
The report highlights PTTEP's successful performance in 2018, achieving a net profit of USD 1,120 million, driven by higher average selling prices and sales volumes. Key achievements include winning bids for the Bongkot and Erawan fields, which significantly improved the company's petroleum reserves. PTTEP also rationalized its portfolio by divesting the Montara field in Australia and acquiring an additional stake in the Bongkot field. The company advanced its sustainability efforts, maintaining its membership in the Dow Jones Sustainability Indices for the fifth consecutive year and establishing AI and Robotics Ventures to enhance operational efficiency.
Company: PTT Exploration and Production PCL
Sector: Mining & quarrying
Country: Thailand
Year: 2018
Type: AR2
Pages: 290
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PTT Exploration and Production PCL
Annual Report
The report highlights PTTEP's successful performance in 2018, achieving a net profit of USD 1,120 million, driven by higher average selling prices and sales volumes. Key achievements include winning bids for the Bongkot and Erawan fields, which significantly improved the company's petroleum reserves. PTTEP also rationalized its portfolio by divesting the Montara field in Australia and acquiring an additional stake in the Bongkot field. The company advanced its sustainability efforts, maintaining its membership in the Dow Jones Sustainability Indices for the fifth consecutive year and establishing AI and Robotics Ventures to enhance operational efficiency.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Mar 1, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees