PTTEP has reached a final investment decision on Thailand’s first carbon capture and storage project at the Arthit gas field. With operations expected to start in 2028, the project will capture and store up to 1 million tonnes of CO₂ annually while aligning with the nation’s Net Zero targets.

PTTEP and Mahidol University have jointly signed the Memorandum of Understanding (MoU) under the “PTTEP Subsurface University Energy Connect” project. The collaboration is aimed to carry out research study on geoscience and petroleum engineering, develop professionals in petroleum exploration and production and explore for carbon storage sites.

PTTEP will utilize its knowledge and experience to conduct a study on carbon storage potential in the Northern Gulf of Thailand together with INPEX CORPORATION under an international collaboration between the Thai Department of Mineral Fuels (DMF) and Japan Organization for Metals and Energy Security.