KUALA LUMPUR, Feb 12, 2025 - (ACN Newswire) - According to data from the "China Offshore Energy Development Report 2024", global investment in offshore oil and gas exploration and development reached approximately USD 209.6 billion in 2024, marking four consecutive years of growth with an average annual growth rate of 11%. It is expected that in the coming year, namely 2025, this investment will further climb to USD 220 billion. Among them, the Asia-Pacific market has shown particularly strong performance, with multiple projects successfully obtaining development authorizations.

To explore the latest development trends and opportunities in the Asia-Pacific offshore oil and gas industry, the 25th Offshore Asia Pacific Summit × FPS Malaysia 2025(OAP2025) will be held grandly in Kuala Lumpur, Malaysia, from February 24th to 25th!

OAP2025 WILL FOCUS ON THE IMPORTANT NEW OFFSHORE & FPS PROJECT UPDATES IN APAC

Under the current new normal of oil prices, the offshore oil and gas industry faces unprecedented opportunities and challenges. OAP2025 will focus on inviting key operators responsible for developing the top ten discovered oil and gas fields in Southeast Asia, and will conduct in-depth discussions on the development prospects and challenges of these fields.

- The Abadi gas field in Indonesia. The deepwater field has 18 TCF of gas in place and was discovered by Inpex with its partner, Shell in 2000. INPEX along with new partners Petronas and Pertamina plans to complete the Abadi project.
- The Layaran-1 well in Indonesia. The discovery well was drilled by Mubadala in 2023. Test data show 6 TCF of gas in place.
- The Geng-North 1 well in Indonesia. Eni drilled this discovery well in 2023. The gas in place is said to be 5 TCF.
- The Kawasari Field in Sarawak Malaysia. Petronas discovered the Kawasari field located in Block SK 316 offshore Sarawak in 2011 with 2 TCF of gas in place.
- The Marjoram/Rosmari development project in Sarawak Malaysia. Shell discovered the deepwater Marjoram and Rosmari sour gas fields in 2014. The two fields contain 2 TCF of combined gas in place.
- The Jerun Field in Sarawak Malaysia. Shell discovered this offshore field in Block SK 408 with 1.5 TCF of gas in place in 2016. The Jerun gas field was discovered by SapuraOMV Upstream with its partners, Sarawak Shell and Petronas Carigali.
- Block B Gas development in Vietnam. This huge integrated gas and power project involves Vietnam Oil and Gas Group, Petro Vietnam Exploration Production Corporation Limited, Petro Vietnam Gas Joint Stock Corporation, PTTEP of Thailand, and Mitsui of Japan.
- Ca Voi Xanh field in Vietnam. The Cai Voi Xanh field was discovered by ExxonMobil and PetroVietnam in 2011. This is one of Vietnam’s two largest gas discoveries with a gross gas volume estimated at 7 TCF (including CO2 and other inert gas).
- B14 gas field in Sarawak, Malaysia. SapuraOMV along with its partners Petronas and Mitsubishi. With 1.3 TCF of gas in place,production is scheduled to begin in 2028.
- BIGST Cluster in Malaysia. The cluster comprised of five undeveloped high-CO2 gas fields – the Bujang, Inas, Guling, Sepat, and Tujoh fields – was awarded to Petronas Carigali and JX Nippon Oil and Gas Corporation.

KEY SPEAKERS AT OAP

OAP2025 will invite authoritative industry experts to conduct an in-depth analysis of the current status, trends, and prospects of the global and Southeast Asian offshore oil and gas markets, drawing on the latest industry background information. In addition, the conference will explore the application of cutting-edge technologies such as digitization and decarbonization in the offshore oil and gas sector, providing forward-thinking insights and inspiration for attendees. We are honored to announce that leading enterprises in the Southeast Asian oil and gas industry, including Malaysia's Petronas, Indonesia's Pertamina, Myanmar Oil and Gas Enterprise (MOGE), and Thailand's PTTEP, have confirmed their attendance at this conference! These companies are not only the energy pillars of their respective countries but also significant players in the global offshore oil and gas sector. Their participation will add more authority and professionalism to the conference, while also providing attendees with invaluable opportunities for in-depth exchanges and seeking cooperation with top enterprises.

*in no particular order

PARTICIPATING COMPANIES AT OAP

You will meet key players at OAP2025:
Petronas, Pertamina, SKK Migas, Shell, ExxonMobil, Equinor, Eni, SBM Offshore, MODEC, Yinson Production, MISC, BW Offshore, Bumi Armada, Bluewater Energies, Altera Infrastructures, Technip Energies, Seatrium, Genting Energy, Wood Group, Shapoorji Pallonji Energy, McDermott, MTC Engineering, HCML, Hoegh LNG, Golar LNG, Seatrium, MMHE, COOEC, Centertech etc., Petrofac，EPOMS，KBR ，Worley, Wood Group，Aragon，Aibel，VME, Black & Veatch, JORD International, Larsen & Toubro，ABS, Bureau Veritas, CCS, etc

NETWORKING OPPORTUNITIES

OAP2025 is not only a platform to showcase the latest achievements and cutting-edge technologies in the industry, but also a crucial opportunity to facilitate exchanges, cooperation, and joint development. During the conference, participants will have the chance to engage in in-depth exchanges with policymakers, experts, and scholars from around the world through various forms such as welcome receptions, one-on-one meetings, dinners, and grand award ceremonies. Together, they will explore cooperation opportunities and promote the implementation of projects.

you can also directly click on the link http://www.offshore-asiapacific.com/ to register

Welcome to OAP2025 - Focus on unique networking opportunities, meet high-level industry decision-makers, and listen to industry trends and outlooks for development.

MAIN AGENDA

Review of Previous Summits

On December 5-6, 2023, the 23rd Offshore Asia Pacific Summit was successfully held in Kuala Lumpur, Malaysia. Subsequently, on December 7-8, 2023, we held a two-day business site tour in Kuala Lumpur. Representatives from different companies visited leading energy industry enterprises in Malaysia, including MPRC, SBM Offshore, PETRONAS, MMHE, Sapura Energy, and Bumi Armada. During the business site tour, the delegation had extensive and in-depth discussions with senior executives on topics such as technology cooperation, project investment, market expansion, and sustainable development. They emphasized the importance of cooperation and innovation in the energy sector to promote global energy transition and sustainable development, and looked forward to jointly exploring broader markets. This business site tour not only strengthened the communication and cooperation among participating enterprises in the energy field, but also laid a solid foundation for future cooperation projects. We believe that through the joint efforts of all parties, cooperation and development in the energy sector will further make breakthrough progress, and make greater contributions to the global energy transition and sustainable development.

Finally, we would like to express our gratitude once again to MPRC, SBM Offshore, PETRONAS, MMHE, Sapura Energy, and Bumi Armada for their strong support. We look forward to continuing to play a leading role in the future development, exploring more innovation and development opportunities in the field of offshore oil and gas, and making greater contributions to the global offshore energy industry!

If you are interested in the conference, please contact us at ritaw@cdmc.org.cn for further information about the conference.

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