PTTEP signs land lease at EECi, Wang Chan Valley with PTT
to build PTTEP Technology and Innovation Centre (PTIC)
Phongsthorn Thavisin (2nd right), President and Chief Executive Officer, PTT Exploration and Production Public Company Limited (PTTEP), signed an agreement with Wittawat Svasti-xuto (2nd left), Chief Technology and Engineering Officer, PTT Public Company Limited (PTT) for land lease of PTT’s Wang Chan Valley approximately 44.3 rai for a term of 30 years lease. The total value, throughout the lease term, is 840 million baht. PTTEP plans to build PTTEP Technology and innovation Centre (PTIC) in the area to support the research in the exploration and production business, along with the development of AI and Robotic business, as well as a new energy business.
Chansin Treenuchagron (center), President and Chief Executive Officer, PTT; Hongsri Charoenvaravoot (left), Executive Vice President assigned as Project Director of EECi at Wangchan Valley Project, PTT; and Chayong Borisuitsawat (right), Executive Vice President, Business and Organization Transformation Group, PTTEP honorly witnessed the ceremony recently organized at the Energy Complex.