Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Malaysia looks to deepwater to sustain output
The country is nearing a tipping point as its domestic needs continue to grow
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
Longboat splits attention between Norway and Malaysia
CEO Helge Hammer speaks to Petroleum Economist about the company’s recent activities and its expansion plans
Malaysia LNG faces growing gas supply challenges
Pipeline problems, maturing fields, gas quality issues and territorial disputes threaten to erode Malaysia’s LNG exports
Dwindling feedgas threatens Brunei LNG
The decades-long project needs new sources of gas, but territorial disputes with Malaysia are complicating matters
Asia’s NOCs chart paths to decarbonisation
But none of the companies are poised to abandon oil and gas anytime soon
Adnoc and Petronas sign exploration deal
The Middle Eastern NOC is tapping Malaysian expertise to help it develop an unconventional resource
Upstream independent forms Malaysian JV
Upland Resources is seeking opportunities near Brunei
Pacific LNG producers prepare for crunch
There may be little spare capacity in the region
Hibiscus blossoms in Southeast Asia
The Malaysian independent sees the region as an increasingly important part of the world’s energy system, says managing director Kenneth Pereira
Kuching in Sarawak, Malaysia
Malaysia Brunei
Simon Ferrie
10 October 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Upstream independent forms Malaysian JV

Upland Resources is seeking opportunities near Brunei

London-listed independent Upland Resources and Malaysian consultancy Big Oil Ventures have agreed terms to form a new joint venture, called Upland Big Oil, to develop upstream assets in Sarawak, Malaysia. The companies will fund a joint technical study to examine and “de-risk” block SK334. An agreement to carry out the survey is already in place with Petroleum Sarawak, the provincial oil company owned by the Sarawak state government. The studies are due to be complete by the end of 2023. The SK334 block is located onshore in northern Sarawak and borders producing oilfields in Brunei. “Oil production in this sedimentary basin has occurred for many decades,” notes Upland, citing Brunei's Seria

Also in this section
Sverdrup keeps on giving
11 July 2025
Equinor and its partners at Norway’s largest oilfield have pulled the trigger on a fresh $1.3b investment that will maintain high output for longer
Australia gas security faces fitness test
11 July 2025
Reassessment of the country’s export-facing gas policy coincides with worsening domestic market backdrop
Waiting for Arctic LNG 2
10 July 2025
Without sanctions relief, there is little reason to believe the latest potential attempt at exports from the Russian liquefaction project will be more successful than the one last summer
Nigeria bullish about oil recovery
9 July 2025
Efforts to restructure and boost investment appear to be working, but doubts remain about the plan to almost double crude production by 2030

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search