Malaysia beats Indonesia in new oil and gas discovery
Amahl S. Azwar
The Jakarta Post
Malaysia surpassed Indonesia as the key player in the upstream hydrocarbon industry in Southeast Asia last year, as Indonesia struggles to encourage new investments in the sector amid the nation’s dwindling oil production.
Research by the Wood Mackenzie Group showed Indonesia, the former sole Southeast Asia member of the Organization of the Petroleum Exporting Countries (OPEC), onl...