Hibiscus on course for significant growth

Quick Summary:

Hibiscus Petroleum Bhd is poised for significant growth with its recent ventures expected to add value across the company’s portfolio.

Additionally, the company’s 2S project Teal West in the United Kingdom, which will tie back to the Anasuria floating production, storage and offloading, is on track for first oil by the end of 2025.

He believes that a natural gas price between US$8 to US$12 per mmbtu would stimulate healthy demand and support project development.

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Article Details

Author / Journalist: KIRENNESH NAIR

Category: EconomyBusiness

Markets: MalaysiaBruneiUnited KingdomVietnam

Topics: Corporate News OilAndGas NaturalGas SustainableGrowth EnergyExpansion HibiscusPetroleum /Business/Business News BruneiAcquisition

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 00:00:00 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 988 words

Reading Time: 6 minutes read

Sentences: 42 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22478666

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 45 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 33 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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