PTT Exploration and Production Public Company Limited (PTTEP) represented by Mr. Montri Rawanchaikul (3rd from right), Executive Vice President, Strategy and Business Development Group, signed an Agreement for the Assignment and Transfer of the 22.2222% stake in the Bongkot Project from companies that are part of Royal Dutch Shell Plc group of companies represented by Mr. Iain Lo, Vice President, Commercial & New Business Development, Asia. The acquisition is aligned with PTTEP growth strategy, and upon the completion of the transaction, PTTEP’s stake in the Bongkot Project will increase to 66.6667%.

The Bongkot Project, the largest natural gas field in the Gulf of Thailand, is the first offshore gas field operated by a Thai E&P company PTTEP. The project will mark its 25th anniversary in July this year.

About PTTEP

PTTEP is a national petroleum exploration and production company dedicating to provide a sustainable petroleum supply to Thailand and the countries we operate as well to bring in foreign exchange earnings to our country.

About Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects.