ConocoPhillips’ Asia Pacific and Middle East forms the company’s second-largest segment by production. Operations consist of producing fields in China, Indonesia, Malaysia, Qatar, Australia and Timor?Leste, as well as liquefied natural gas production and export in Australia and Qatar.
The company produces from fields in Bohai Bay and the South China Sea in China, and operates several producing fields in South Sumatra in Indonesia. In Malaysia, production growth continues from several fields in Block G, Block J and the Kebabangan Cluster (KBBC). In Qatar, the Qatargas 3 joint venture continues providing stable production.
In Timor-Leste and Australia, the company operates the Bayu-Undan Field and Darwin liquefied natural gas (LNG) Plant. The Australia Pacific LNG Project has continued to deliver stable production since its start-up in 2015. The Maritime Boundary Treaty was signed between Australia and Timor-Leste in March 2018 and ratified by both governments on 30 August 2019. The permanent delimited boundaries now give sole jurisdiction over, ownership and management of certain petroleum fields in the Timor Sea, including in the Bayu-Undan Field to Timor-Leste.
ConocoPhillips also has focused exploration and appraisal activities in the region.