Southeast Asia Oil and Gas Upstream Development Trends and Forecast by Countries, Terrain, Facility Type and Companies, 2023-2027
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Southeast Asia Oil and Gas Market Report Overview
The Southeast Asia crude, condensate, and natural gas production was 4,861 mboed, and crude oil and condensate production is 1,617,071 bd in 2023. The announced projects are expected to see over double in capex in 2027. The relatively larger capex outlook most likely will originate from the identification of more projects in the announced phase. This is promising for the region, as economic growth continues at a rapid rate, thus demand for energy too. Furthermore, it is also a positive outlook for the region as it takes various steps to become less dependent on imports, which are heavily affected by market conditions. For example, the very high LNG prices caused by the Russia-Ukraine war.
The Southeast Asia oil and gas upstream development report provides a comprehensive overview of the region during the outlook period including major project counts by country, facility type, and terrains, as well as the latest project updates and companies involved with oil and gas development.
Key Countries | · Indonesia
· Malaysia · Vietnam · Brunei · Thailand |
Key Terrains | · Deep Water
· Onshore · Shallow Water · Ultra-Deepwater |
Key Facility Types | · Wellhead Platform
· Subsea Systems · Floating Production Storage and Offloading (FPSO) · Fixed Platform · FPU · FSO · Mobile Offshore Production Unit (MOPU) |
Leading Companies | · Petroliam Nasional Bhd
· Vietnam National Oil and Gas Group · Shell plc · Chevron Corp · Exxon Mobil Corp |
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Southeast Asia Oil and Gas Major Projects by Countries
The key countries associated with the Southeast Asia oil and gas projects are Indonesia, Malaysia, Vietnam, Brunei, and Thailand. Indonesia is expected to have the highest count of planned and announced projects to start operations from 2023 to 2027. It is followed by Malaysia and Vietnam.
Southeast Asia Oil and Gas Project Analysis by Countries, 2023-2027 (%)
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Southeast Asia Oil and Gas Major Projects by Terrains
The key terrains associated with Southeast Asia oil and gas projects are deep water, onshore, shallow water, and ultra-deep water. During 2023-2027, the highest count of upcoming projects belongs to the shallow water terrain. It is followed by the onshore terrain.
Southeast Asia Oil and Gas Major Project Analysis by Terrains, 2023-2027 (%)
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Southeast Asia Oil and Gas Major Projects by Facility Type
The key facility types available among the Southeast Asia oil and gas major projects are wellhead platforms, subsea systems, floating production storage and offloading (FPSO), fixed platform, FPU, FSO, and Mobile Offshore Production Unit (MOPU). During the forecast period, most of the projects are expected to be developed with the wellhead platform.
Southeast Asia Oil and Gas Major Project Analysis by Facility Type, 2023-2027 (%)
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Southeast Asia Oil and Gas Market - Competitive Landscape
Some of the companies involved with oil and gas project development in Southeast Asia are:
- Petroliam Nasional Bhd
- Vietnam National Oil and Gas Group
- Shell plc
- Chevron Corp
- Exxon Mobil Corp
Among the key companies, Petroliam Nasional Bhd is expected to be the top spender on its upcoming projects that are expected to start operations during 2023-2027. Vietnam National Oil and Gas Group and Shell plc follow in spending for the period 2023–2027.
Southeast Asia Oil and Gas Market Analysis by Oil and Gas Development Companies, 2023-2027 (%)
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Scope
- Southeast Asia oil and gas production outlook by key countries, and key companies for the period 2023-2027
- Southeast Asia new projects capital expenditure outlook by key countries, key companies, field terrain, and facility type for 2023-2027
- Major projects count by key countries, field terrain, and facility type
- Details of key upcoming crude and natural gas projects in the region
Reasons to Buy
- Understand Southeast Asia’s oil and gas production outlook during the period 2023-2027.
- Keep abreast of key upcoming production projects in Southeast Asia during the outlook period.
- Facilitate decision-making on the basis of strong oil and gas production data.
- Develop business strategies with the help of specific insights on Southeast Asia’s upstream sector.
- Assess your competitor’s planned oil and gas production projects in the region.
Table of Contents
Frequently asked questions
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Which is the leading country associated with the Southeast Asia oil and gas major projects in 2023?
Indonesia has the highest count among the planned and announced projects in the Southeast Asia oil and gas market in 2023.
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Which is the leading terrain associated with the Southeast Asia oil and gas major projects?
During 2023-2027, the highest count of upcoming projects in the Southeast Asia oil and gas market belongs to the shallow water terrain.
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Which is the leading facility type in the Southeast Asia oil and gas market?
During the forecast period, the wellhead platform will be the leading facility type in the Southeast Asia oil and gas market.
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Which are the key companies involved with oil and gas project development in Southeast Asia?
Some of the companies involved with oil and gas project development are Petroliam Nasional Bhd, Vietnam National Oil and Gas Group, Shell plc, Chevron Corp, and Exxon Mobil Corp.
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