Southeast Asia

A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.

Thailand’s PTTEP is partnering with subsea joint venture SLB OneSubsea to expand capacity across two fields offshore Malaysia.

The International Energy Agency cited a wave of cancellations and persistent challenges for dropping its projection for annual production of low-emissions hydrogen by 2030 from 49 mtpa to 37 mtpa.

Welligence projects explorers are targeting 50 billion BOE in the near term, with about 20% of that being gas.

The proposed joint venture aligns with Eni's satellite model strategy to create entities that manage operations and access capital markets separately from the parent company.

Key drivers of the rapid growth projection include Asia’s economic outlook and the rise of artificial intelligence.

As Southeast Asia’s third-largest gas producer, PTTEP is investing in its energy security by prioritizing gas production and building up a global LNG supply chain.

The birthplace of Royal Dutch Shell, Indonesia and Malaysia, buck trends and grow their gas and oil industries, expecting a record number of final investment decisions in the next 4 years in gas, deep water, and carbon capture projects to support Southeast Asia’s booming economic growth.

India’s state oil company is accepting proposals from potential technical service partners until 15 September for EOR projects in the Arabian Sea.

The company has added a new Southeast Asia carbon storage study to its growing library of carbon capture, use, and storage opportunities.