Annual Business Update and ESG Report
Projects Details | Rest of the World
Project Name
Status
Phase
1
PTTEP Australasia
[Australia]
Participating Interest* (%)
Sales Vol Gas
(MMSCFD)
Sales Vol Liquid
(KBPD)
OP
Exploration
PTTEP
90%-100%
2
Mozambique Area 1
JV
Development
PTTEP
8.5%
[Mozambique]
TotalEnergies, Mitsui,
26.5%,20%
ENH, OVL
15%, 10%
OVRL & Oil India,
10%, 10%
Bharat
3
Bir Seba 433a & 416b
[Algeria]
JOC
Production
17 **
PTTEP
35%
PetroVietnam
40%
Sonatrach
25%
4
Hassi Bir Rekaiz
[Algeria]
OP
Development
PTTEP
49%
Sonatrach
51%
5
Mariana Oil Sands
OP
Exploration
PTTEP
100%
[Canada]
6
Barreirinhas AP1
[Brazil]
M
JV
Exploration
PTTEP
25%
Shell Brasil
65%
Mitsui E&P Brasil
10%
Note: *
PTTEP denotes respective PTTEP subsidiaries participating in the project
**
Sales volume represent average volume for 100% of the project during Q1/2022 except for Algeria 433a & 416b (production volume)
***
Status: OP = PTTEP operatorship / JOC = PTTEP joint operatorship/ JV = PTTEP Joint Venture Partner
42
Latest Status
PTTEP
Cash Maple (AC/RL7) and Oliver (AC/RL12): Defining proper direction in
order to increase development opportunities
Tenacious and Oliver: Well abandonment in progress
•
Other exploration projects: G&G studies
•
First Cargo is expected by 2025, subject to local security situation
1st Debt drawdown in project Finance
Force Majeure was declared by the operator for safety reason due to the
security incident in Palma.
Plan to resume construction activities after security and safety restored
Drilling of 2 development wells are on-going in Q1 2022
Target to tie-in and produce 2 new wells in 2022
•
Existing wells intervention
•
•
Production respect OPEC+ policy
Continue drilling development wells
Expected 1st oil production for the initial phase of around 10,000-13,000
BPD in Q2 2022
Groupement (JOC) establishment in Q2 2022
The Project is underway for reclamation activities according to
government's conditions
Pending exploration wells drilling permit from the governmentView entire presentation