Bangkok--31 Jul--PTTEP PTT Exploration and Production Public Company Limited or PTTEP has entered into the memorandum of understandings (MOU) with Chulalongkorn University, Chiang Mai University and Khon Kaen University for the research and development in petroleum geosciences. Mr.Anon Sirisaengtaksin (นายอนนต์ สิริแสงทักษิณ), CEO of PTTEP said that the company on July 30, 2008, signed MOU with three universities to strengthen teaching and research activities. PTTEP, the national petroleum exploration and production company, valued the research and development in geology and geophysics to advance the Thai petroleum industry.The MOU outlines the procedures for providing academic and financial support to Chulalongkorn University, Chiang Mai University and Khon Kaen University for selected academic and research activities related to petroleum exploration and production carried out by their academic staff and students. PTTEP and each university will appoint representatives to the Research and Development (R&D) Committee for collaboratively working on the approval, evaluation and supervision of the selected research activities and academic projects. For years, PTTEP has given financial support focusing on academic program development to the Department of Geology, Chiang Mai University and the Department of Mining and Petroleum Engineering, Chulalongkorn University.Mr. Anon added that “this is a significant collaboration between the private sector and academic institutions in research and development in petroleum geosciences in Thailand. It will improve the quality of the curriculum, research and development for petroleum exploration and production and will enhance the capability of students and academic personnel. This collaboration in petroleum exploration and production technology will help encourage innovation which will benefit not only the company but the nation as well”. For more information, please contact Sidhichai Jayant Tel. +66 (02) 537 4592 E-mail: [email protected] Tongchit Pongorapin Tel. +66 (02) 537 4587 E-mail: [email protected] Fax +66 (02) 537 4982