Bangchak-owned Okea ASA operates oil and gas drilling in the Draugen field in the Norwegian Sea.
Energy conglomerate Bangchak Corporation Plc has vowed to strike a balance between healthy business growth and lower greenhouse gas emissions within a seven-year time frame.
Profit must blend with successful efforts to reduce gases that cause global warming, said Chaiwat Kovavisarach, president and chief executive of Bangchak.
A budget of 150 billion baht is expected to be allocated to Bangchak and its subsidiaries during the time frame, spanning 2024 to 2030, he said.
The company will spend 30% of the budget supporting oil…
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