For several quarters now, we have pointed to expected significant new natural gas demand...those expectations are being realized,” said CEO Kim Dang.

Petrobras has amended an agreement for the FPSO Cidade de Angra dos Reis in Tupi field, to extend the charter by an additional 5 years.

ConocoPhillips Sabah Gas Ltd. received operatorship of the Kebabangan Cluster Production Sharing Contract offshore Sabah.

ExxonMobil has signed an MoU with the Indonesian government to explore investment in a petrochemical complex in Indonesia with potential nearby CO2 storage opportunities.