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Industry Trend

LNG Prospects Drive Bids for Southeast Asia Acreage

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  • Competition for exploration acreage is rising in Southeast Asia, with Malaysia and Indonesia the top destinations.
  • Following some recent big finds, the Andaman Sea is the main exploration focus, with India and Thailand also offering acreage there.
  • Several international oil companies (IOCs) are making exploration commitments in Malaysia and Indonesia to bolster LNG growth in the longer term.

The Issue

Topics:
Exploration, Upstream Licensing, LNG Supply, Offshore Oil and Gas, Corporate Strategy, Policy and Regulation, Gas Supply
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