OUR GREAT MINDS

    by Tina Olivero

    GlobalData Says “Indonesia and Malaysia dominate oil and gas production over next six years”

    July 24th, 2019

    Indonesia and Malaysia will contribute around 80% of the Southeast Asia’s total crude production from eight planned and announced projects in 2025, according to GlobalData, a leading data and analytics company.

    The company’s report: ‘H1 2019 Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in Southeast Asia – Indonesia and Malaysia Lead in Oil and Gas Production’ reveals that besides crude production, Indonesia and Malaysia will also contribute more than 70% of Southeast Asia’s total natural gas production from planned and announced projects in 2025.

    Arpan Roychowdhury, Oil & Gas Analyst at GlobalData, comments: “The start of production of major crude oil projects such as Ande Ande Lumut and E6, and gas projects such as Abadi and Pegaga is set to drive oil and gas production in both Indonesia and Malaysia during the outlook period.”

    In Southeast Asia, a total of 54 crude and natural gas projects are expected to start operations in six countries during 2019–2025. Among these, 25 represent the number of planned projects with identified development plans and 29 represent the number of early-stage announced projects that are undergoing conceptual studies and that are expected to get approved for development.

    Among the countries, Indonesia accounts for highest number of upcoming crude and natural gas projects with 13 planned and 14 early-stage announced projects.

    GlobalData identifies Malaysia as the second highest country with 18 upcoming projects – nine each are in the planned and announced stage. Vietnam follows with six upcoming projects, expected to come online by 2025. Cambodia, Thailand and Myanmar are the other countries in Southeast Asia with one upcoming project each.

    About GlobalData

    4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, technology, energy, financial and professional services sectors.

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    Tina Olivero

    30 years ago, Tina Olivero looked into the future and saw an opportunity to make a difference for her province and people. That difference came in the form of the oil and gas sector. Six years before there was even a drop of oil brought to the shores of Newfoundland, she founded The Oil and Gas Magazine (THE OGM) from a back room in her home on Signal Hill Road, in St. John’s, Newfoundland. A single mother, no financing, no previous journalism or oil and gas experience, she forged ahead, with a creative vision and one heck of a heaping dose of sheer determination. With her pioneering spirit, Ms. Olivero developed a magazine that would educate, inspire, motivate and entertain oil and gas readers around the world — She prides herself in marketing and promoting our province and resources in unprecedented ways. The OGM is a magazine that focuses on our projects, our people, our opportunities and ultimately becomes the bridge to new energy outcomes and a sustainable new energy world. Now diversifying into the communications realms, a natural progression from the Magazine, The OGM now offers an entirely new division - Oil & Gas Media. Today, The Oil and Gas Magazine is a global phenomenon that operates not only in Newfoundland, but also in Calgary and is read by oil and gas enthusiasts in Norway, Aberdeen, across the US and as far reaching as Abu Dhabi, in the Middle East. Believing that Energy is everyone’s business, Ms. Olivero has combined energy + culture to embrace the worlds commitment to a balance of work and home life as well as fostering a foundation for health and well being. In this era of growth and development business and lifestyle are an eloquent mix, there is no beginning or end. Partnering with over 90 oil and gas exhibitions and conferences around the world, Ms. Olivero's role as a Global Visionary is to embrace communication in a way that fosters oil and gas business and industry growth in new and creative ways.

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