PTT Exploration and Production Public Co. Ltd. (PTTEP) will develop Thailand’s first carbon capture and storage (CCS) project at Arthit offshore gas field, 230 km from Songkhla province in the Gulf of Thailand.
The feasibility study of the project has recently concluded. The study covered several aspects including preliminary assessment of carbon storage capacity of targeted geological storage formations and corresponding conceptual development. The project is in preliminary front-end engineering and design (Pre-FEED) and is expected to start CCS operations by 2026.
The company has set forth an emissions reduction target of net zero greenhouse gas (GHG) emissions by 2050 via its Exploration and Production (EP) Net Zero 2050 concept. This plan covers both direct emissions (Scope 1) and indirect emissions (Scope 2) of exploration and production under PTTEP’s operational control. PTTEP also has set interim targets to reduce GHG emission intensity by at least 30% within 2030 and 50% within 2040 (from base year 2020).
In addition to CCS, PTTEP is exploring opportunities in renewable energy, hydrogen, and carbon capture and utilization (CCU).
Arthit field is in Block 16A, Block 14A, Block 15A, and G8/50, with water depth of 276 ft. PTTEP is operator (80%) with partners Mitsui & Co. Ltd. (16%) and Chevron Corp. (4%).
Alex Procyk | Upstream Editor
Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).
