World Energies Summit 2025: Panel Recap - Asia Pacific

Focused on upcoming bid rounds, exploration dynamics, and investment trends across Asia-Pacific, our panel - led by Frontier Regional Leader, Ian Cross, had this to say…

Leader in Licensing: Malaysia & Indonesia shine with transparency, consistency, and open data. PETRONAS and Indonesia’s hybrid bid+direct negotiation model set the benchmark.

Emerging Opportunities: Philippines awarded 8 new licenses after reforms. Vietnam is opening up, with PETROVIETNAM embracing collaboration.

Flexible Models Win: Direct negotiations and joint study agreements are gaining traction, offering alternatives to rigid bid-only approaches.

Gas Drives Growth: Southeast Asia’s gas demand and rich resources are fuelling renewed exploration. Timor-Leste and Vietnam are strategic hotspots.

Majors are Back: Attracted by stable regimes and frontier potential.

Small Players Matter: Agile companies are unlocking new plays, particularly where data access is open and costs manageable.

👉 Want to stay ahead on Asia-Pac’s upstream market? Join us in 2026 for the 4th Edition of the World Energies Summit.