PUBLICATION

Oil and Gas Investor

AUTHORS

Daniel Kaye, Emmanuelle Berthemet

Asia Pasific Oil and Gas 2004 OGI Release - Part 2

November 05, 2005

Frequently sidelined in the global resourcing debate by its giant Asian neighbors, it is difficult to say that for Europeans and North Americans, the most remote major part of the Asia-Pacific region is in fashion. Yet the area is to some extent an untapped resource. Together, the people of Australia and Indonesia total almost 260 million— roughly double the size of the population of Japan and just 30 million short of the U.S. total. Their combined purchasing power is around $850 billion, which is roughly $200 billion more than India.

RELATED INTERVIEWS MORE INTERVIEWS

"The energy transition can only be funded by big oil, as they are the only players who can balance the low returns of renewables projects with their high earning fossil fuel projects."
"Every oilfield declines without continued investment, so new owners must push hard to restore and increase output. This means significant opportunities for contractors like us in the form of asset upgrades and new projects."
Petromar speaks of the outlook for Angola’s oil and gas service industry for the next two years.
"While in other markets, SPIE often primarily provides technical assistance and workforce supply, our Nigerian operations have evolved into a fully integrated service provider."

RECENT PUBLICATIONS

Mexico Chemicals 2025 CW Release

Mexico's chemical industry faces challenges in securing a reliable feedstock supply and maintaining global competitiveness. A shift towards sustainable energy and local production could provide long-term growth opportunities, and some sectors are booming, including Mexico's dynamic chemical distribution market.

MORE PREVIOUSLY PUBLISHED

SUBSCRIBE TO OUR NEWSLETTER