Slow rise for Asia's deep-water sector
Deep-water exploration in the region is expected to see an uptick in investment in the coming decade
Countries such as Malaysia, Indonesia and Vietnam will seek to offset falling production from established and more accessible fields. It will be a marked change on recent years when low oil prices have curtailed spending on deep-water oil and gas exploration and drilling activity. The challenge for capital-intensive deep-water developments in Asia Pacific (Apac) will be to stay viable if oil prices fluctuate downwards. The region will also need to keep cost competitive with developments in less expensive regions of the world, including deep-water Brazil, Mozambique and Tanzania, and, to a lesser extent, Mexico and the US. According to Mei Ching Koay, principal Far East energy researcher at I
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
