Everllence to supply compressors for PTTEP's offshore CCS project in Thailand

London-based digital infrastructure developer Everllence, known for its hyperscale data center focus across Europe, has secured a supply agreement for two RB-28 centrifugal compressors for PTTEP's inaugural offshore carbon capture and storage project in Thailand. This transaction, announced on 2026-03-12, sees Everllence providing critical equipment for the Arthit field initiative in the Gulf of Thailand. The commercial rationale for Everllence, a company founded in 2022 and backed by Actis with a $1 billion commitment for data center development, represents an unexpected expansion into industrial equipment supply for the oil and gas sector. For PTTEP, a Bangkok-based national oil and gas exploration and production company, this supply agreement enables the progression of their first offshore CCS project, a key move in their global upstream petroleum operations. The undisclosed value of the contract means specific financial terms remain private. PTT Exploration and Production Public Company Limited (PTTEP), a Bangkok-based national oil and gas exploration and production company, advances its decarbonization efforts with this inaugural offshore CCS project in the Arthit field. As a subsidiary of PTT Public Company Limited, PTTEP operates and invests in upstream petroleum projects globally, focusing on natural gas, making this project a direct extension of its core business into carbon management. Conversely, Everllence, a London-based digital infrastructure developer founded in 2022 and backed by Actis with a $1 billion commitment, typically focuses on developing and operating hyperscale data centers across Europe. This supply agreement for two RB-28 centrifugal compressors therefore represents a significant departure from Everllence's established portfolio and stated mission. The 2026-03-12 announcement places PTTEP as an early mover in offshore CCS development within Thailand, while Everllence's involvement introduces a new participant into the industrial supply chain for energy transition projects.