134 Years of Trust: Shell Wins Three TIBA 2026 Awards, Reaffirming Innovation Leadership and Celebrating Leaders and Entrepreneurs Driving Growth in Thailand

Bangkok - The Shell Company of Thailand Limited received three prestigious awards at the BCCT Thailand International Business Awards (TIBA) 2026, a leading platform that recognizes outstanding business performance, professional excellence, and entrepreneurial achievement in Thailand. Shell was named the winner in the Most Innovative Company corporate category, alongside winning the Seasoned Professional category and taking the Runner Up award for Exceptional Entrepreneur. These recognitions underscore Shell’s strength in innovation and technology, the expertise of its people, and the remarkable capabilities of its partners. Together, they drive Shell’s ambition to be a leading integrated energy company, connecting energy with people, delivering energy solutions that support the energy transition, and creating sustainable value for society.

Ms. Ornuthai Na Chiangmai, Country Chair of The Shell Company of Thailand Limited, stated, “Shell is deeply honoured and immensely proud to receive these three awards, which recognize our organization, our people, and our partners. These accolades reflect Shell’s commitment to contributing to Thailand’s energy sector and growing alongside the country for the past 134 years. We remain dedicated to leveraging our global strengths in innovation and technology to deliver fuels and solutions that meet the needs of consumers, businesses, and communities. Furthermore, we continue to invest in developing our people and creating opportunities for our partners to grow with us. Together, we strive to create lasting energy value and steadily contribute to Thailand’s continue progress.”

Most Innovative Company Award

This award reflects Shell’s ability to integrate world-class expertise, advanced technology, and global capabilities with a deep understanding of Thailand’s local context and evolving needs. This powerful combination enables the company to develop solutions that address societal challenges, enhance customer experiences, and support the country’s long-term development. At Shell, innovation extends beyond merely developing new technologies. It is about transforming ideas into tangible outcomes and creating meaningful value for customers, businesses, and society.

Shell invests more than THB 30 billion annually in research and development across its network of five integrated technology centers worldwide, delivering innovation throughout the entire energy value chain in more than 80 countries. In the upstream business, Shell has pioneered deep-water and ultra-deep-water drilling technologies, advanced seismic imaging and sophisticated subsurface geological modeling to improve the accuracy of resources discovery and development while reducing operational risks. In addition, Shell has developed the Smart Field concept that integrates sensors, automation, digital twins, and artificial intelligence (AI) to optimize production efficiency in real time. Meanwhile, subsea robotics technology enhances both safety and operational performance in complex environments.

In the LNG business, Shell has set industry benchmarks through the development and operation of the world’s first and largest Floating Liquefied Natural Gas (FLNG) facility. The company has also introduced Dual Mixed Refrigerant Process technology, improving the efficiency, reliability, and safety of LNG production. Additionally, the Pearl GTL project in Qatar, the world’s largest gas-to-liquids facility, showcases Shell’s ability to translate advanced technologies into globally successful commercial ventures.

In the Downstream business, built on a technological partnership of more than 75 years with Scuderia Ferrari HP, along with collaboration with leading automotive manufacturers worldwide. Shell applies advanced research and insights from racetrack to develop products for everyday motorists. This includes Shell V-Power, Shell’s best-ever fuel, and Shell Helix lubricants, which deliver outstanding performance and ultimate engine protection. In Thailand, Shell V-Power is the No. 1 premium fuel by sales volume¹ and contains the same performance-enhancing additive technology used 100% by the Scuderia Ferrari HP team, bringing race-proven innovation from the track to everyday driving. This commitment to innovation is further reflected in Shell Lubricants2 maintaining its position as the world's leading lubricants supplier for the 19th consecutive year³, based on finished lubricants sales volumes across automotive and industrial segments worldwide, covering three main categories: consumer automotive, commercial automotive, and industrial lubricants

Seasoned Professional Award

Mr. Kamon Kongsakulvatanasook, Executive Director, Business Development, The Shell Company of Thailand Limited, won the Seasoned Professional Award. With over 36 years of experience at Shell, he has played a pivotal role in driving business growth across a broad range of areas including retail, lubricants, and business development, energy transition initiatives and carbon markets. He is also widely recognized for his commitment to knowledge sharing and leadership development, reflecting Shell’s long-standing emphasis on nurturing talent and building a strong foundation for future generations of leaders.

Exceptional Entrepreneur Award: Runner Up

Mr. Korawish Kunavudh, Managing Director of Shell service station - Somsak Klaeng 1983 Co., Ltd., received the Runner Up award in the Exceptional Entrepreneur category. He successfully built upon his family’s 45-year-old business by elevating the service station into a leading example of sustainable business innovation. His initiatives integrate customer experience, environmental stewardship, and community engagement through projects such as a 100% wastewater recycling system, food waste management programmes and solar energy utilization. Furthermore, the station has also evolved into a sustainability learning center welcoming, with more than 15,000 visitors since 2019. This recognition demonstrates the ability of entrepreneurs within the Shell network to achieve business success while simultaneously creating positive impact for communities and society.

“Shell’s successful journey in Thailand has been made possible through the trust and collaboration of our people, partners, customers, communities and stakeholders who have long grown alongside us throughout our journey. As we approach our 135th anniversary in Thailand, we remain steadfast in our commitment to continuously delivering high-quality innovations, products, and services. We are ready to leverage Shell’s global capabilities to support the country’s development and serve as a trusted partner of choices across all sectors, reaffirming our commitment so that ‘You Can Always Be Sure of Shell,’” concluded Ms. Ornuthai.

Notes to Editors

¹ _{Based on the Department of Energy Business (DOEB) sales report on Premium High-Speed Diesel, Premium High-Speed Diesel Euro 5, and Premium Gasohol E10 Octane 95 covering the period from 1 January 2026 to 30 June 2026.}

² _{The term “Shell Lubricants” refers to the Shell group of companies engaged in the lubricants business. Shell supplies a wide variety of lubricants to meet customer needs across various applications in over 175 countries worldwide.}

³ _{Based on the latest report from Kline + Company, “Global Lubricants: Market Analysis and Assessment 2025” (23rd Edition), Shell retains its position as the global market leader in lubricants with an 11.6% market share. In 2023, Shell’s global lubricant sales were divided almost equally among three main categories: consumer automotive (36%), industrial (33%), and commercial automotive (31%).}

_{Kline + Company is a leading global market research and consulting firm with expertise in the chemicals, energy, and beauty industries. With over six decades of experience, Kline enables clients to make well-rounded decisions that drive business growth by leveraging deep industry expertise and comprehensive, data-driven research capabilities.}

For media enquiries, please contact:

Sudarat Peetakanont

Deputy Executive Director Government and Corporate Relations

The Shell Company of Thailand Limited

P: +66 2 262 7839

Email: sudarat.peetakanont@shell.com

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