Max Webb, South East Asia Research Group, Royal Holloway, University of London
Geological fieldwork is important to help us gain a better understanding of the hydrocarbon development and potential productivity of the offshore Natuna basins of the South China Sea.
In late 2020, ONGC completed BS-17-1 on the Mumbai High as an oil, gas and condensate discovery in the West of Bassein Mining Lease. This discovery is a satellite to the Panna and Mukta fields.
Madeleine Slatford, Middle East/South Asia Editor, NVentures Ltd
Bangladesh is geologically well positioned to pursue a strategy fuelled by natural gas, but the international Covid situation is causing continued delays; namely to the 2020 licensing round. This Hot Spot is brought to you in association with NVentures.
The Autoridade Nacional do Petróleo e Minerais Timor-Leste (ANPM) has invested in the latest data room technology to support ongoing 2nd Licensing Round and future oil and gas exploration in Timor-Leste.
John Mark Bautista, Philippines Department of Energy
Although the Philippines remains very much underexplored, working petroleum systems, proven hydrocarbon accumulations and an energy hungry economy suggest a promising future for oil and gas exploration and production in the region.
According to the environmental website CarbonBrief, India’s CO2 emissions have fallen year-on-year for the first time in 40 years, showing a drop of about 1% in the fiscal year ending in March 2020.
New high quality 2D seismic datasets and a regional prospectivity study bring greater understanding of the distribution and extent of prospective hydrocarbon plays throughout the Banda Arc.
South East Asian oil and gas explorers started 2020 with new licensing rounds and extensive exploration drilling and seismic programmes planned but the current economically challenging conditions created by Covid-19 is likely to extend, delay or temporarily suspend these activities.
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