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Indonesia’s upstream picks up the pace
The government is optimistic that increasing offshore activity and exploration will help revive flagging production, despite energy security fears
Indonesia prioritises domestic needs over LNG exports
The country’s hunger for energy will continue to compete with its LNG exports, even as more gas projects progress and new liquefaction capacity comes online
Jadestone sees opportunities in Southeast Asia
The AIM-listed independent is pushing ahead with developments in Indonesia, Malaysia and Vietnam, CEO Paul Blakeley tells Petroleum Economist
Indonesia looks to gas to cover growing energy needs
Recent elections and on-going LNG developments highlight the importance of domestic gas demand in the sprawling island nation
Power pricing threatens Vietnam’s gas plans
The country’s drive to adopt LNG and gas could be imperilled as the state electricity company haemorrhages money
Delta sees LNG-to-power back on track in Vietnam
The company remains bullish despite last year’s LNG sector upheaval
Indonesia considers LNG export restrictions
Rising domestic demand and the pressures of net zero are prompting the Southeast Asian country to look at limiting outflows of gas
Asia’s NOCs chart paths to decarbonisation
But none of the companies are poised to abandon oil and gas anytime soon
Vietnam’s LNG sector held back by high prices and delays
The country had been poised to embrace LNG-to-power on a large scale
Indonesia greenlights more projects
Jakarta is seeking to accelerate upstream developments and encourage more foreign investment
Scotland Indonesia Vietnam
Craig Guthrie
8 April 2019
Follow @PetroleumEcon
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Treasures in the basement?

Untested geological formations known as ‘fractured basements’ could be hiding a vast store of hydrocarbons, but explorers need to overcome logistical challenges and industry scepticism

A West of Shetlands play being pursued by Hurricane Energy is entering a production phase that could prove crucial not just for the UK-based hydrocarbons firm, and the Scottish region, but also for industry perceptions of a reservoir type that was for decades derided as unfeasible. First oil from the fractured basement in Hurricane's Lancaster field, located along the prominent Rona Ridge basement that is home to most of its portfolio, can now proceed this year after the Aoka Mizu floating, production, storage and offloading vessel successfully connected to the early production system on 19 March. If successful, output is expected to reach around 17,000bl/d once the initial start-up phase ha

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