
Gabriel Gomez, Murphy Oil Corporation’s Mexico country manager, talks to The Energy Year about the key challenges for Mexico’s E&P bid rounds, the company’s plans…
READ MOREOil reserves2.7 billion barrels
Oil production573,000 bopd
Gas reserves900 mcm
Gas production74.2 bcm
Malaysia is the second-largest exporter of LNG in the world after Qatar and Australia – and the largest natural gas exporter in South East Asia, with 26.87 million tonnes in 2017. Malaysia is also a major oil producer, with an output of 647,000 bopd in 2015 – the third largest oil producer in South East Asia, of which it exported 365,000 bopd in 2015.
Marginal field projects include national oil company Petronas’s $1 billion contract with ExxonMobil for the Tapis field the first of seven marginal field EOR projects. Deepwater exploration and production continues at fields such as Gumusut-Kakap and Siakap North-Petai. Regasification terminals being constructed in the Western part of peninsular Malaysia in response to growing demand.
The Economic Transformation Programme launched in 2010 is a plan to transform Malaysia to become a high income country by 2020 as defined by the UN. A key element in that plan is the growing oil field services industry driven by cheap land and labour and the skills of national champion Petronas.
The Oil & Gas Year Malaysia 2017 was produced in partnership with the Malaysian Oil & Gas Services Council, the Malaysian Investment Development Authority, Malaysia Petroleum Resources Council and the Malaysian Gas Association.
Shell has completed the sale of two offshore oil and gas concessions in Malaysia’s Baram Delta, the London-headquartered…
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READ MOREPetronas has launched its 2023 oil and gas bid round with 10 blocks and two clusters of discovered resource opportunities on offer, the Malaysian NOC announced on…
READ MOREPetronas has signed PSCs with local oil and gas players for three offshore clusters under the Malaysia Bid Round 2022, the Malaysian NOC announced on Tuesday.
The A…
READ MOREShell has agreed to sell its non-operating stakes in two offshore blocks in Malaysia’s Baram Delta, the British energy giant announced on Tuesday.
The agreement…
READ MOREShell and TotalEnergies have both reported earnings of more than USD 9 billion in Q3 2022, the two energy giants announced on Thursday.
UK’s Shell announced…
READ MOREGabriel Gomez, Murphy Oil Corporation’s Mexico country manager, talks to The Energy Year about the key challenges for Mexico’s E&P bid rounds, the company’s plans…
READ MOREMalaysia is the second-largest exporter of LNG in the world after Qatar and Australia – and the largest natural gas exporter in South East Asia, with 26.87 million…
READ MOREMalaysia is the second-largest exporter of LNG in the world after Qatar and Australia – and the largest natural gas exporter in South East Asia, with 26.87 million…
READ MOREMehmet Öğütçü, CEO of Global Resources Partners and chairman of the London Energy Club, talks to The Energy Year about changes in the global energy picture brought…
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