HomeMagazine2014May 2014, Vol. 241, No. 5Business Monitor: Good Days Ahead For Malaysias Upstream

May 2014, Vol. 241, No. 5

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Business Monitor: Good Days Ahead For Malaysias Upstream

Malaysia’s upstream segment could see good days ahead in the short-to-medium term as the completion of both greenfield and brownfield developments brings new volumes of oil and gas online, Business Monitor predicted in a new report. New gas supplies will underpin continued expansion in the country’s LNG production based in Sarawak, the report stated. Some of the key trends and developments covered by the report include: ? Expectations for growth in Malaysia’s oil and gas reserves that are underpinned by resource upgrades stemming from exploration and development activities in three areas: deepwater, marginal and stranded fields, and enhanced oil recovery (EOR

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