Mr. Kanit Sangwongwanich, Executive Vice President for Engineering and Development Group, PTT Exploration and Production Public Company Limited (PTTEP), recently signed a Memorandum of Understanding (MoU) with Mr. Makoto Ichikawa, Executive Director, Member of the Board, Oil and Gas Upstream Technology Unit, Japan Oil, Gas and Metals National Corporation (JOGMEC), for Cooperation in Research and Technology Development in the oil and gas business, aiming at improving production efficiency of PTTEP's exploration and production projects.

Under this MOU, the development of Electromagnetic to monitor the underground water movement in oil production will the first project for both companies to consider R&D. The MoU signing ceremony took place in Tokyo, Japan.
Photo shows Mr. Vinit Hansamuit (3 left), PTTEP's Senior Vice President for Technology and Knowledge Management Division, and Mr. Kanit Sangwongwanich (4 left) together with Mr. Makoto Ichikawa (5 right) holding an MoU for the cooperation in R&D

For more information, please contact Communications and Public Affairs Division:
Tongchit Pongorapin Tel. +66 (0) 2537 4587
Nalin Viboonchart Tel. +66 (0) 2537 4834
E-mail: PTTEPCorpCom@pttep.com
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The information, statements, forecasts and projections contained herein reflect the Company's current views with respect to future events and financial performance. These views are based on assumptions subject to various risks. No assurance is given that these future events will occur, or that the Company's future assumptions are correct. Actual results may differ materially from those projected.

PTT Exploration & Production pcl published this content on 23 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 March 2017 04:40:17 UTC.

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