doing business in malaysia - subsea uk sdi... · 2015-11-30 · malaysia 2nd largest production and...

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www.sdi.co.uk Doing business in Malaysia

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Page 1: Doing business in Malaysia - Subsea UK sdi... · 2015-11-30 · Malaysia 2nd largest production and reserves in ASEAN and 2nd largest exporter of LNG in the world Production (2014)

www.sdi.co.uk

Doing business

in Malaysia

Page 2: Doing business in Malaysia - Subsea UK sdi... · 2015-11-30 · Malaysia 2nd largest production and reserves in ASEAN and 2nd largest exporter of LNG in the world Production (2014)

www.sdi.co.uk

Malaysia 2nd largest production and reserves in ASEAN

and 2nd largest exporter of LNG in the world

Production (2014)

Resource life

Gas 6.27bn bcf 44 years

Crude oil & condensates

576 kboed 28 years

27 Operators

101 PSCs

5 RSCs

No of fields In production Discovered

Gas 60 266

Oil 85 175

Source: Petronas

Page 3: Doing business in Malaysia - Subsea UK sdi... · 2015-11-30 · Malaysia 2nd largest production and reserves in ASEAN and 2nd largest exporter of LNG in the world Production (2014)

www.sdi.co.uk

Malaysia oil and gas landscape

Regulator

27 Operators

Main (umbrella) contractors

Sub contractors

Specialist consultants, vendors, agents etc

Key facts: • 101 PSCs and 5 RSCs • 85 producing oil fields • 60 producing gas fields • 576 koebd liquid production • 6,271 mmscfd natural gas production • 8,467km of pipeline • 22.6bn boe discovered resources • 333 platforms • 31 rigs

Page 4: Doing business in Malaysia - Subsea UK sdi... · 2015-11-30 · Malaysia 2nd largest production and reserves in ASEAN and 2nd largest exporter of LNG in the world Production (2014)

www.sdi.co.uk

Malaysia – upstream opportunities at a glance

Page 5: Doing business in Malaysia - Subsea UK sdi... · 2015-11-30 · Malaysia 2nd largest production and reserves in ASEAN and 2nd largest exporter of LNG in the world Production (2014)

www.sdi.co.uk

Marginal fields under development

Six Risk Sharing Contracts (RSC) have been awarded since 2011

Source: Frost & Sullivan, 2015

Page 6: Doing business in Malaysia - Subsea UK sdi... · 2015-11-30 · Malaysia 2nd largest production and reserves in ASEAN and 2nd largest exporter of LNG in the world Production (2014)

www.sdi.co.uk

Marginal fields – future activity

15 marginal fields with commercial value to be contracted after oil price recovery

Source: Frost & Sullivan, 2015

Page 7: Doing business in Malaysia - Subsea UK sdi... · 2015-11-30 · Malaysia 2nd largest production and reserves in ASEAN and 2nd largest exporter of LNG in the world Production (2014)

www.sdi.co.uk

Malaysia – regional deepwater hub

Source: PETRONAS, Frost & Sullivan

Page 8: Doing business in Malaysia - Subsea UK sdi... · 2015-11-30 · Malaysia 2nd largest production and reserves in ASEAN and 2nd largest exporter of LNG in the world Production (2014)

www.sdi.co.uk

Doing business in Malaysia: Petronas license

Page 9: Doing business in Malaysia - Subsea UK sdi... · 2015-11-30 · Malaysia 2nd largest production and reserves in ASEAN and 2nd largest exporter of LNG in the world Production (2014)

www.sdi.co.uk

Opportunities

Maintaining/ Enhancing production of existing fields Ramping up of deepwater production

Engineering services: concept study, feasibility studies, FEED, detailed engineering and project management

Seismic studies, reservoir characterisation

EOR technologies, application of EOR technologies

Field production facilities; retrofits

Asset integrity and management, inspection

Technology for monetising stranded/marginal fields

Decommissioning and removal of older platforms

Technologies to support deepwater drilling and well completions – HPHT, High CO2

Engineering design and fabrication of deepwater structures

Supply, installation of deepwater, subsea equipment and services

Deepwater production assurance Source: Frost & Sullivan, 2015

Page 10: Doing business in Malaysia - Subsea UK sdi... · 2015-11-30 · Malaysia 2nd largest production and reserves in ASEAN and 2nd largest exporter of LNG in the world Production (2014)

www.sdi.co.uk

Malaysia – key government and industry agencies

www.mprc.gov.my

www.mida.gov.my

www.investkl.com

www.mogsc.org.my