Asia Energy

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Indonesia’s energy industry is looking to ramp up investments at home and abroad to boost output and help meet the growing demand from the domestic market while maintaining its position as a leading natural gas exporter.
Malaysia's national oil and gas giant Petronas plans to launch two major Initial Public Offerings (IPOs) in November, Petronas Chemical and Malaysia Maritime and Heavy Engineering (MMHE), as part of a government initiative to transfer strategic assets to the private sector. The Petronas Chemical listing is set to become one of the biggest IPOs in Malaysian – and indeed South-east Asian – history.
Brunei and Malaysia have agreed that joint demarcation and survey activities can begin next year on previously disputed offshore oil and gas blocks. The move draws a clearer picture of the role international companies will play in a development expected to significantly boost the Sultanate’s reserves.

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