Chevron receives two innovation awards at SPE Thailand E&P Awards 2025/2026

Chevron Thailand Exploration and Production, Ltd. received two innovation awards at the SPE Thailand E&P Awards 2025/2026, organized by the Society of Petroleum Engineers (SPE) Thailand to recognize excellence and achievement in Thailand's petroleum exploration and production industry. Chevron's Total Wellhead Platform Reuse project was named the winner, while its Asset Retirement Factory project was named second runner-up. The Asset Retirement Factory is a systematic operating model for managing the retirement and removal of petroleum facilities. These projects demonstrate Chevron's use of technology and innovation to support energy development in the Gulf of Thailand while improving efficiency, optimizing costs and reducing carbon intensity.

Mr. Chatit Huayhongtong, President of Chevron Thailand Exploration and Production, Ltd., said, “The recognition from the SPE Thailand E&P Awards 2025/2026 reflects Chevron's efforts to develop technology and innovative solutions that enhance operational performance and support the delivery of safe, reliable and ever-cleaner energy. The success of the Total Wellhead Platform Reuse and Asset Retirement Factory projects was made possible by the dedication, expertise and collaboration of our employees and business partners. Together, they developed new approaches that create value for Thailand's petroleum exploration and production industry and deliver tangible operational benefits. This recognition is a source of pride for everyone who helped turn innovative ideas into results.”

The recognition at the SPE Thailand E&P Awards 2025/2026 reflects Chevron's continued focus on technology, innovation and workforce development. Chevron fosters a culture of learning, collaboration and innovative thinking to enhance operational performance and support the reliable supply of energy for Thailand.

Assoc. Prof. Yingyos Khemayodhin (left), SPE Thailand Vice Chairman, and Mr. Anupong Chailert (right), SPE Thailand Secretary, presented the second runner-up award for the Asset Retirement Factory project to Mr. Pannawat Nilkitsaranont (center), Vice President, Facilities Engineering, Chevron Thailand Exploration and Production, Ltd.
 

Representing Chevron Thailand Exploration and Production, Ltd. at the SPE Thailand E&P Awards 2025/2026 were Mr. Surat Thurachen, Vice President, Assets and NOJV; Mr. Pannawat Nilkitsaranont, Vice President, Facilities Engineering; Mr. Thanairat Anantachote, Vice President, Wells; and Mr. Surachai Pongsuthana, Vice President, Asset Retirement. The company received two innovation awards at the event.
 

A wellhead platform redeployed under Chevron's Total Wellhead Platform Reuse project at the Chaba B platform in the Gulf of Thailand in July 2026.