PTT Exploration and Production Public Company Limited announced that the company has established a subsidiary to support future investments, per the following details: Xplor Ventures Company Limited has been established with registered capital of THB 5,000,000 Thai consisting of 50,000 ordinary shares at THB 100 each, with 100% shareholding by EP-Tech Ventures Holding Company Limited, a subsidiary of PTTEP. The establishment of this company is to support the investment in new technology, enhance competitiveness and identify new technology development opportunities as well as increase the efficiency of the technologies used in exploration and production business, which aligns with PTTEP's strategy.
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- PTT Exploration and Production Public Company Limited Announces Establishment of Xplor Ventures Company Limited