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PTT Exploration and Production (PTTEP) Signed an MoU with Mahidol University for Academic Collaboration in CCS Technologies and Geosciences.
The Thai oil and gas giant PTT Exploration and Production (PTTEP) is taking a significant step in advancing carbon capture and storage (CCS) technology in Thailand. In partnership with Mahidol University, the company signed a memorandum of understanding (MoU) to further develop these technologies and skills in the country.
The Memorandum of Understanding was signed as part of the PTTEP Subsurface University Energy Connect project, reaffirming the company’s commitment to innovation and sustainability. This joint effort aims to conduct research studies in geosciences and petroleum engineering, as well as to create specialized professionals in oil exploration and production, while also seeking to explore carbon storage sites.
Driving CCS Technology Development
This is crucial to drive the development of CCS technology, promoting Thailand’s transition to a low-carbon society through the implementation of CCS technologies and skills.
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Partnership with Universities for CCS Technology Development
- PTTEP and Inpex Will Investigate CCS Potential in the Gulf of Thailand
The company is planning to extend academic collaboration to other universities, aiming to leverage geosciences, petroleum engineering, oil exploration and production, as well as identifying and developing suitable carbon storage sites to boost CCS technology.
This is a significant step to drive the development of CCS technology and advance Thailand’s transition to a low-carbon society, promoting academic collaboration and innovation in the renewable energy sector.
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