The sultanate has a proven track record in the extraction of unconventional oil and gas. Its Block 61 project, undertaken with BP, is one of the most ambitious tight gas drilling projects in the world and, in the view of many in the industry, the technology employed there represents the future of gas production in the sultanate. “In Oman,...
The Gulf is often synonymous with “easy” oil, massive reservoirs that sit invitingly on Jurassic or Cretaceous shelf limestones. Oman’s hydrocarbons wealth, however, has proven a more challenging proposition. Dispersed in complex clusters, the difficulties associated with exploiting the sultanate’s oil and gas reserves have made the nation a...
One of the achievements of Oman’s national economic strategy in recent decades is the successful utilisation of its hydrocarbons wealth to bring about societal development in successive five-year plans. Revenues from the sultanate’s oil and gas industry have been diverted towards health care and education initiatives that have brought about...
Naturally endowed with thousands of kilometres of rivers, abundant sunshine, a vibrant agricultural sector producing plenty of biomass and even the odd geothermal hotspot, Malaysia’s renewable energy (RE) segment has the ability to transform the country’s energy sector. According to the Sustainable Energy Development Authority Malaysia (SEDA...
Driven by a growing industrial base and rising income levels, which are nudging up consumption levels, Malaysia’s electricity demand is expected to equal the OECD average by 2030. While the country has a comfortable supply and demand electricity buffer, with a total installed capacity of 24,257 MW compared to a peak demand of 17,316 MW in 2011,...
The long and storied history of Malaysia’s oil and gas sector has seen the country through its political and economic vicissitudes over the years, providing an economic crutch of export revenue in the lean times and giving rise to a national energy champion that is the country’s sole Fortune 500 Company in the boom years. But with the country’s...
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