Why SE Asia

Upstream renewal is underway in SE Asia

Growing Population

Population >670 million (480 million in Indonesia, Philippines & Vietnam, 50% urban, with median age of 30 years) with increasing demand for oil & gas

Open for Business

SE Asia requires more upstream oil & gas investment and is very much open-for- business (and open to new ideas)

Changing playing field

Playing field is changing and providing new opportunities. Major companies are divesting. Many assets are available

Exploration Opportunities

Vast areas of SE Asia remain poorly explored and immature for exploration

Ready Crude Demand

Ready demand for crude, especially as Asian refineries are highly dependent on Middle East

Gas Infrastructure

Good gas infrastructure and gas prices

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