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Hibiscus Petroleum Berhad is a leading independent oil and gas exploration and production company based in Malaysia. With a strong focus on monetizing producing oilfields and expanding their portfolio, Hibiscus plays a crucial role in the energy sector.
Contract Overview
  • Contract Provider:
    Oil and Gas Exploration and Production
  • Industry:
    Hibiscus Oil & Gas Malaysia Limited
  • Geographical Focus:
    Malaysia, Vietnam, United Kingdom, Australia
Key Assets
  1. North Sabah Production Sharing Contract (PSC)
    • Operator:
      SEA Hibiscus
    • Fields:
      St Joseph, South Furious, SF30, Barton
    • Location:
      Approximately 33 km from Kota Kinabalu, Malaysia
    • Water Depth:
      18 - 60 meters
    • Development Type:
      Fixed platforms with dry trees, inter-field pipelines, and a trunk line to LCOT
  2. Kinabalu Oil PSC
    • Part of the North Sabah PSC
    • Contributes to overall oil and gas production volumes
Diversification into Gas
Hibiscus Petroleum has also diversified into gas, acquiring assets in Malaysia and Vietnam. Their portfolio includes 205 wells and 17 platforms, which are expected to significantly contribute to their EBITDA.
BSL Container’s Support
BSL Container provides efficient container logistics services, ensuring timely transportation of equipment, materials, and supplies to and from Hibiscus’ oil and gas facilities.

 

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