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PETRONAS signed Production Sharing Contracts (PSCs) for three clusters of Discovered Resource Opportunities (DRO) marketed under the Malaysia Bid Round Plus (MBR+) Round I. These clusters are located offshore Peninsular Malaysia.
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Malaysia’s biggest state, Sarawak, is set to take control of its natural gas assets from federal government-run companies, as its campaign for economic autonomy bears fruit in the Southeast Asian country’s fragile political landscape.
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President Joko Widodo led a limited meeting with a number of ministers at the Presidential Palace, Jakarta, Wednesday, July 31, to discuss the acceleration of oil and gas production. “Oil and gas production needs to be accelerated. The prospects are already visible,” Minister of Energy and Mineral Resources Arifin Tasrif said after attending a limited meeting.
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Decommissioning and restoration are about reclaiming resources, revitalising ecosystems and driving economic growth. “Over the next few decades, we plan to remove more than 30 platforms, and over 70 pipelines between 2025 and 2029,” said Permanent Secretary (Energy) at the Prime Minister’s Office Hajah Farida binti Dato Seri Paduka Haji Talib.
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Thailand Explores Cooperation with Saudi Arabia in Renewable Energy, Green Hydrogen. Thai Foreign Minister Maris Sangiampongsa said that relations between Thailand and Saudi Arabia go beyond bilateral cooperation to regional and international collaboration, focusing on three key areas for which the two countries can make use of the expertise and complementarities of the two economies and the compatibilities of the Saudi Vision 2030 and Ignite Thailand policies; namely Food Security, Energy Security and Human Security.
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The Philippines’ Department of Energy (DOE) has said that energy storage and maximizing the country’s existing renewable energy infrastructure will be a major theme for its next green energy auction. GEA-4 will take place in the final quarter of 2024.
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The National Research and Innovation Agency (BRIN) is strengthening research cooperation with Japan on carbon neutrality, which has become Indonesia’s focus. “Carbon neutrality is Indonesia’s homework for now. Japan has a lot of technology related to carbon neutrality. With this cooperation, we hope to be able to retire steam power plants (PLTU),” BRIN Head Laksana Tri Handoko noted in a statement from his office on Tuesday.
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Hydrogène de France (HDF Energy), a leader in large-scale green hydrogen infrastructure and high-power fuel cell manufacturing, has formalized a strengthened partnership with the Department of Energy (DoE) and the Mindanao Development Authority (MinDA) through a newly signed Memorandum of Understanding (MoU). This landmark agreement is set to drive advancements in research and development focused on harnessing renewable energy sources and locally produced green hydrogen, with the goal of promoting sustainable energy solutions throughout the Philippines.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
