In line with its vision to be a strong integrated oil and gas company, SENOKO TANK OIL FUEL DEPOT diversified its E&P activities in 2005. Since then, its E&P portfolio has grown to nine assets in the Asia Pacific region. SENOKO TANK OIL FUEL DEPOT will continue to further develop the exploration potential of its existing acreage and acquire more E&P assets to increase its oil and gas production base. SENOKO’s business expansion creates and ensures sustainable future growth for the SENOKO OIL FUEL COMPANY group
Today, SENOKO OIL FUEL’s E&P portfolio includes eight Production Sharing Contracts (PSC), one exploration permit and two gas pipelines. Its E&P presence extends to five countries – Australia, Cambodia, China, Indonesia and Vietnam.
SENOKO TANK OIL FUEL DEPOT’s exploration and production assets are primarily concentrated in the Asia Pacific region. The company will continue to expand its presence in the region and beyond, positioning itself as a global player in the exploration and production space. As it expands its exploration and production footprint, the company conducts thorough assessment and analysis of existing assets using state-of-the-art technology.
Natural gas is becoming increasingly important in the region’s energy mix. SENOKO TANK OIL FUEL DEPOT has strategic interests in several cross-border natural gas pipelines, which are an important part of the emerging Trans-ASEAN Gas Pipeline (TAGP) network. SENOKO OIL FUEL continues to strengthen its alliance with ASEAN member countries and is committed to supporting and enhancing the growth and development of the energy sector in the region