Insight

Asia-Pacific upstream in brief

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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

The latest stories and trends in the Asia-Pacific upstream sector combined with our expert opinion and analysis. We add commentary on events as they break to keep you informed in real-time. Snapshot of recent stories: - Second time lucky - KNOC seeks partners for four new offshore blocks - O.G. Energy enters Otway Basin as Mitsui exits - Setbacks for Mako as Singapore exports cancelled - Indonesia retains and increases gas price cap - Korea’s Blue Whale-1 exploration well yields mixed results - Brunei launches new offshore licensing round - SPC exits Sampang PSC in Indonesia - Indonesia-India JV to develop Nunukan block - PETRONAS sanctions Hidayah oil field in Indonesia - BP bags ONGC’s contract for Bombay High production enhancement - Bangladesh offshore round fails to attract bidders - Murphy Oil strikes oil in Vietnam’s Cuu Long basin - Indonesia reveals 2024 upstream report card - Tangguh JV green lights US$7bn UCC project - MinRes offload Perth Basin assets for US$754 million

Table of contents

  • Two new upstream entrants as Indonesia awards five offshore blocks
  • Abadi LNG Project progresses to FEED
  • India awards blocks, launches new rounds
  • Second time lucky - KNOC seeks partners for four new offshore blocks
  • Türkiye’s TPAO expands its global footprint
  • Vietnam launches 2025 bid round amid renewed interest in upstream sector
  • Beyond 2027: PM3 CAA's continued resource contribution to Malaysia and Vietnam
  • Market turmoil: the corporate and upstream response
  • Xinjiang new exploration push: Nine blocks up for grabs
  • Sinopec eyes fast-track development in western South China Sea
  • ExxonMobil (finally) divests mature Thai assets
  • O.G. Energy enters Otway Basin as Mitsui exits, Amplitude progresses plans
  • 382 more item(s)...

Tables and charts

This report includes the following images and tables:

  • 2024 2nd licensing round blocks awarded
  • Indonesia awarded five blocks: Serpang, Kojo, Binaiya, Gaea, and Gaea II
  • Figure - 1: Location map of fields on offer in DSF Round-IV
  • Location map of Ulleung basin
  • Map of blocks offered under Vietnam Bid Round 2025
  • Vietnam gas balance
  • Location map of Hai-3 well in the Gulf of Tonkin
  • Horizon Oil and Matahio Energy total production outlook post-transaction
  • Otway Basin O.G. Energy new and existing assets
  • Production Profile for the Mako field
  • Onshore blocks
  • Offshore blocks
  • 196 more item(s)...

What's included

This report contains:

  • Document

    Asia-Pacific upstream in brief

    PDF 72.97 MB