BANGKOK, Thailand – PTT Exploration and Production Public Company Limited (PTTEP) has completed Thailand’s first total wellhead platform reuse, a milestone that maximizes resource efficiency, lowers operational costs, and reduces greenhouse gas emissions in accordance with circular economy principles. PTTEP Chief Executive Officer Montri Rawanchaikul stated that structurally sound wellhead platforms from depleted fields can be repurposed. Using advanced construction engineering, PTTEP reused the entire JKWK wellhead platform in the Funan field of the G1/61 project. Relocating the topside, jacket, and partial pile sections within the same field reduced the construction and installation period from 20 months to six months. This 70 percent reduction in time also resulted in a 35 to 50 percent decrease in construction costs compared to building a new platform.
The initiative reduced greenhouse gas emissions by about 3,270 tons of carbon dioxide equivalent per platform by minimizing the use of new steel and equipment. PTTEP used a wet tow method to transport the structure, conserving energy and protecting marine life attached to the platform’s legs. This approach supports both energy production and marine conservation. The chief executive officer emphasized that applying circular economy principles in petroleum exploration and production delivers value in economics, energy security, and environmental protection. PTTEP plans to expand this initiative by repurposing about 10 additional safety-assessed wellhead platforms between 2027 and 2029, further demonstrating its commitment to sustainable operations and environmental stewardship. (NNT)
