PTT Public Company Limited
Encyclopedia
PTT Public Company Limited, PTT PCL, or simply PTT (ปตท.) is a Thai
state-owned SET
-listed oil
and gas
company. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines
in the Gulf of Thailand
, a network of LPG terminals throughout the Kingdom, and is involved in electricity generation
, petrochemical products, oil and gas exploration and production, and gasoline
retailing businesses.
Affiliated companies include PTT Exploration and Production, PTT Global Chemical and PTT Green Energy.
PTT is one of the largest corporations in the country and also the only company from Thailand that listed in the Fortune Global 500 companies
, which ranks 155 among top 500 companies in the world and 25 in Asia as published by Fortune magazine in 2010.
. Member companies came together to create detailed skill and Competency Maps, which act as a guide for the 200+ short courses, taught to industry professionals in over 40 locations worldwide. Competency Maps are an analysis tool and software application that allows users to assess their skills base to identify gaps in their training, areas needing improvement or mastered skill areas within upstream, downstream, and HSE petroleum subject disciplines.
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...
state-owned SET
Stock Exchange of Thailand
The Stock Exchange of Thailand is the national stock exchange of Thailand. It is located in Bangkok. As of 31 December 2007, the Stock Exchange of Thailand had 541 listed companies with a combined market capitalization of $280 billion. The indices of the stock exchange are SET Index, SET50 Index...
-listed oil
Oil
An oil is any substance that is liquid at ambient temperatures and does not mix with water but may mix with other oils and organic solvents. This general definition includes vegetable oils, volatile essential oils, petrochemical oils, and synthetic oils....
and gas
Natural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
company. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines
Pipeline transport
Pipeline transport is the transportation of goods through a pipe. Most commonly, liquids and gases are sent, but pneumatic tubes that transport solid capsules using compressed air are also used....
in the Gulf of Thailand
Gulf of Thailand
The Gulf of Thailand , also known in to Malays as Teluk Siam literally meant Gulf of Siam, is a shallow arm of the South China Sea.-Geography:...
, a network of LPG terminals throughout the Kingdom, and is involved in electricity generation
Electricity generation
Electricity generation is the process of generating electric energy from other forms of energy.The fundamental principles of electricity generation were discovered during the 1820s and early 1830s by the British scientist Michael Faraday...
, petrochemical products, oil and gas exploration and production, and gasoline
Gasoline
Gasoline , or petrol , is a toxic, translucent, petroleum-derived liquid that is primarily used as a fuel in internal combustion engines. It consists mostly of organic compounds obtained by the fractional distillation of petroleum, enhanced with a variety of additives. Some gasolines also contain...
retailing businesses.
Affiliated companies include PTT Exploration and Production, PTT Global Chemical and PTT Green Energy.
PTT is one of the largest corporations in the country and also the only company from Thailand that listed in the Fortune Global 500 companies
Fortune Global 500
The Fortune Global 500 is a ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by Fortune magazine....
, which ranks 155 among top 500 companies in the world and 25 in Asia as published by Fortune magazine in 2010.
PetroSkills Alliance
In 2008 PTT joined the PetroSkills AlliancePetroSkills Alliance
-Overview:PetroSkills Alliance is an alliance between Oil and Gas Companies with Oil and Gas Consultant International to provide petroleum training....
. Member companies came together to create detailed skill and Competency Maps, which act as a guide for the 200+ short courses, taught to industry professionals in over 40 locations worldwide. Competency Maps are an analysis tool and software application that allows users to assess their skills base to identify gaps in their training, areas needing improvement or mastered skill areas within upstream, downstream, and HSE petroleum subject disciplines.