Economy April 05, 2014 00:00

By The Nation

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PTTEP invests in petroleum exploration project in Brazil

PTT Exploration and Production’s subsidiary PTTEP Brazil Investments in Oil and Gas Exploration and Production (PTTEP BL) late this week has entered an agreement with BG E&P Brasil to farm-in to concession blocks BAR-M-215, BAR-M-217, BAR-M-252 and BAR-M-254. 
The agreement is subject to the approval of Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP). These concession blocks are located in the deep water off Brazil, covering about 3,077 square kilometres. Upon approval from the ANP, PTTEP BL will hold 25-per-cent participation interest, while BG Brasil will be the operator and hold the remaining 75-per-cent participation interest.
PTTEP says this agreement is another important milestone in expanding its international investment portfolio to the South American region, which has high petroleum potential.
Simat signs Internet pact 
Simat Technologies has signed an Internet joint service agreement with Super Broadband Network Company (SBN), a subsidiary of Advanced Info Service, jointly to provide high-speed Internet service in Nakhon Ratchasima, Chiang Mai and other province with high demand in the future. The agreement took effect on March 18.
Paint sales success
TOA Paint (Thailand) Co has succeeded in selling a million 5-litre pails of its 4 Seasons decorative paint in only one month after its latest sales campaign was launched in early March.
This has resulted in 10-per-cent sales growth in the first quarter over the same period last year. 
“We believe that our sales will achieve the target growth of 10 per cent for the full year,” said the company’s vice president for marketing, Puangpen Saengphet.
PATA training event
The “2014 PATAcademy-HCD”, a pillar of the Pacific Asia Travel Association’s human capital development programme, is designed for young rising stars in the travel industry looking to broaden and build their skills in marketing, branding and social media. 
The programme will take place from June 17-20 in Bangkok. It is an interactive four-day training programme incorporating a series of intensive classroom interactions by leading travel-industry practitioners with practical activities, group assignments and networking events.
During the event, each participant will be assigned to work in a group to research and produce a presentation on a crisis or event that had an impact on tourism in recent years. 
The participants will be asked to use the knowledge and skills acquired during the course to evaluate the impact of the crisis/event in terms of travel plans, forward bookings and future trends.
The PATAcademy-HCD will allow both PATA member and non-member participants to build their knowledge and business through the educational programme, the interactive sessions, case studies, networking, ideas exchange and group collaboration.
After successful completion of the course, participants will be awarded a PATAcademy certificate.

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