PTT

PTT (Petroleum Authority of Thailand)

1. General Information

PTT Public Company Limited, formerly known as the Petroleum Authority of Thailand, is a Thai state-owned SET-listed oil and gas company. Established on December 29, 1978, PTT has grown to become the largest corporation in Thailand and the only Thai company listed in the Fortune Global 500. As of 2024, PTT ranks 81st among the top 500 companies on the Fortune 500 list and 180th on the Forbes 2000 list.

PTT operates as a fully integrated national petroleum and petrochemical company with a mission to foster national energy security and create fair treatment for all stakeholders under good corporate governance principles. The company’s operations cover the entire business value chain from upstream to downstream in the oil and gas industry.

Over the years, PTT has diversified its business portfolio and expanded its operations both domestically and internationally. The company has played a crucial role in Thailand’s energy sector development and has become a major player in the global energy market.

2. Headquarters

PTT’s headquarters is located at:

555 Vibhavadi Rangsit Road
Chatuchak, Bangkok 10900
Thailand

The company’s head office serves as the central hub for its operations, strategic planning, and corporate management. From this location, PTT oversees its vast network of subsidiaries, affiliates, and business units spread across Thailand and around the world.

3. Business Sectors

PTT operates in several key business sectors, reflecting its integrated approach to the energy industry:

3.1 Upstream Petroleum and Natural Gas Business: This sector includes exploration, production, procurement, and distribution of natural gas. PTT operates extensive submarine gas pipelines in the Gulf of Thailand and a network of LPG terminals throughout the country.

3.2 Downstream Petroleum Business: This sector covers oil refining, oil marketing, and international trading of crude oil, petroleum, and petrochemical products.

3.3 Petrochemical and Refining Business: PTT is involved in the production and distribution of various petrochemical products, leveraging its oil refining capabilities.

3.4 Technology and Engineering Business: This sector focuses on developing innovative technologies and engineering solutions for the energy industry.

3.5 Power and Utilities Business: PTT is involved in electricity generation and utilities management, supporting its core energy operations.

3.6 Coal Business: Although not its primary focus, PTT has interests in coal mining and trading operations.

3.7 Retail Business: PTT operates a network of gas stations across Thailand and has expanded into non-oil businesses, including the popular Café Amazon coffee chain.

4. Investments, Subsidiaries, and Affiliates

PTT has an extensive network of subsidiaries and affiliates, which allows it to maintain a strong presence across various segments of the energy value chain. Some of the key subsidiaries and affiliates include:

PTT Exploration and Production Public Company Limited (PTTEP): Focuses on petroleum exploration and production activities both in Thailand and internationally.

PTT Global Chemical Public Company Limited (PTTGC): One of the largest integrated petrochemical and refining companies in Asia.

Thai Oil Public Company Limited (TOP): Operates in oil refining and supplies petroleum products.

IRPC Public Company Limited: An integrated petrochemical company with a focus on innovative products.

Global Power Synergy Public Company Limited (GPSC): Manages PTT Group’s power business.

PTT Oil and Retail Business Public Company Limited (OR): Handles PTT’s oil and non-oil retail businesses, including gas stations and Café Amazon.

PTT’s investment strategy focuses on strengthening its core businesses while also diversifying into new areas of growth. The company has been actively investing in renewable energy, electric vehicle (EV) infrastructure, and digital technologies to prepare for the global energy transition.

5. Website

PTT maintains a comprehensive corporate website at https://www.pttplc.com. The website provides detailed information about the company’s operations, financial performance, sustainability initiatives, and investor relations. It serves as a primary source of information for stakeholders, including shareholders, investors, customers, and the general public.

6. Acquisitions

PTT has pursued a strategy of growth through both organic expansion and strategic acquisitions. Some notable acquisitions in recent years include:

Glow Energy Public Company Limited: In 2019, PTT’s subsidiary Global Power Synergy (GPSC) acquired Glow Energy, significantly expanding PTT’s power generation capacity.

Vinythai Public Company Limited: In 2017, PTT Global Chemical (PTTGC) acquired Vinythai, strengthening its position in the vinyl chain business.

Sakari Resources Limited: PTT acquired this Singapore-listed coal mining company in 2012, expanding its presence in the coal sector.

Straits Resources Limited: PTT E&P acquired coal assets from this Australian company in 2010, further diversifying its energy portfolio.

These acquisitions reflect PTT’s strategy to strengthen its position across the energy value chain and expand its international presence. The company continues to explore acquisition opportunities that align with its long-term growth objectives and support its transition towards cleaner energy sources.

7. How to Get a Job in the Company

PTT offers a wide range of career opportunities across its various business units and subsidiaries. To pursue a career at PTT:

  • Visit the PTT career website: Go to https://www.pttplc.com/en/Work_With_Us.aspx for current job openings.
  • Review job openings: Look for positions that match your skills, qualifications, and career aspirations.
  • Prepare your application: Ensure your resume and cover letter highlight relevant skills and experiences.
  • Submit your application: Follow the instructions on the website to submit your application online.
  • Assessment process: If shortlisted, you may be invited to participate in assessments, which could include aptitude tests, technical evaluations, or case studies.
  • Interviews: Successful candidates will be invited for interviews, which may involve multiple rounds with HR and department managers.
  • Background check: PTT conducts thorough background checks on potential employees.
  • Job offer: If successful, you will receive a job offer detailing the terms and conditions of employment.

PTT values diversity and seeks candidates with strong technical skills, innovative thinking, and a commitment to sustainability. The company offers competitive compensation packages, professional development opportunities, and a chance to work on significant projects in the energy sector.

In conclusion, PTT (Petroleum Authority of Thailand) stands as a cornerstone of Thailand’s energy sector and a significant player in the global oil and gas industry. With its integrated business model, extensive network of subsidiaries and affiliates, and commitment to innovation and sustainability, PTT continues to shape the energy landscape of Southeast Asia and beyond. As the company navigates the challenges of the global energy transition, it remains an attractive employer for professionals seeking dynamic careers in the energy sector.