Southeast Asia Rumblings on the Ground | Momentum builds across licensing, gas growth and strategic repositioning

March 5, 2026

Southeast Asia is accelerating upstream licensing activity, with Malaysia, Thailand, Indonesia, Brunei and even Myanmar launching or preparing bid rounds to drive investment and replace reserves.

Major regional gas projects are advancing, with Abadi LNG moving toward 2027 FID and PTTEP sanctioning its first Malaysia greenfield.