The Oil & Gas Year Malaysia 2013
The Oil & Gas Year Malaysia 2013 interviews the Who’s Who of an energy industry that is rapidly emerging as a technologically advanced and regionally influential area of opportunity. Malaysia’s Economic Transformation Programme is an ambitious initiative aimed at aiding the country’s metamorphosis into a high-income nation. Over the past decade, national oil company Petronas has been engaged in exploration and production projects abroad and is now picking up the pace at home. With its exploration and production arm, Petronas Carigali, the company is enhancing production by developing deepwater sites, as well as mature and marginal fields. The Oil & Gas Year Malaysia 2013 gets to grips with the hive of activity in the services sector that is growing on the back of Petronas’ investment. While most of Malaysia’s offshore oil and gas exploration and production activity is currently concentrated in shallow water, things are moving deeper and further out. In response, local firms are building increasingly sophisticated fleets.