Hibiscus Petroleum

Hibiscus Petroleum Berhad (Hibiscus Petroleum) is Malaysia’s first listed independent oil and gas exploration and production company.

News

Courtesy Hibiscus Petroleum Berhad LinkedIn
PM3 CAA production sharing contract
Hibiscus Oil & Gas Malaysia has signed a heads of agreement with PetroVietnam Exploration Production (PVEP) to connect Block 46/13 offshore Vietnam to Hibiscus' facilities.
Aug. 25, 2025
Courtesy Hibiscus Petroleum Berhad LinkedIn
Hibiscus Petroleum Berhad
Petronas has made a minor gas find offshore Malaysia, while Anasuria Hibiscus has received extension approval for the Marigold and Sunflower license in the North Sea.
Feb. 25, 2025
Courtesy Hibiscus Petroleum
North Sabah PSC
Hibiscus Malaysia has delivered first oil from its South Furious field SF30 Phase 2 waterflood development project in the North Sabah production sharing contract offshore Malaysia...
Nov. 19, 2024
ID 138549745 © Hyotographics | Dreamstime.com
offshore Brunei
Hibiscus Petroleum subsidiary Simpor Hibiscus has completed its acquisition of TotalEnergies EP (Brunei).
Oct. 14, 2024

Articles

All photos courtesy Hibiscus Petroleum
MLJ platform
There is potential for a 15-year field life extension.
Dec. 20, 2024
Courtesy Ocean Installer
Ocean Installer awarded a subsea tieback project from Anasuria Hibiscus UK
Anasuria Hibiscus UK has contracted Ocean Installer for construction services for the Teal West subsea development in the central UK North Sea.
Aug. 29, 2024
Courtesy Petronas
The PSC was offered under the Malaysia Bid Round 2022 by Malaysia Petroleum Management, which is the governing body for Malaysia’s petroleum development.
Hibiscus Petroleum subsidiary Straits Hibiscus has agreed to acquire a 30% stake in the Block PM327 production sharing contract (PSC) offshore Peninsular Malaysia.
Aug. 26, 2024
Courtesy TotalEnergies
mlj3_platform_credit_totalenergies
TotalEnergies has agreed to sell TotalEnergies EP (Brunei) B.V. to Hibiscus Petroleum for $259 million, with the transaction set to close during the fall.
June 14, 2024
Courtesy Anasuria Operating Company
Today, June 10, Anasuria Operating Co. (AOC) marks its second anniversary as the duty holder of the Anasuria FPSO. AOC is the joint operating company held equally by Ping Petroleum UK Plc and Anasuria Hibiscus UK Ltd. to be the operator of the Anasuria Cluster.
The NSTA has executed an agreement with Anasuria Hibiscus UK for the award of the P2635 license in the North Sea.
June 10, 2024
Courtesy Hibiscus Petroleum Berhad
St Joseph is a producing field in the North Sabah production sharing contract.
Hibiscus Petroleum has integrated its two E&P business divisions offshore Malaysia.
May 21, 2024
Courtesy PV Drilling
The jackup PV DRILLING III has drilled the Bunga Aster in the PM3 CAA area.
Hibiscus Oil & Gas Malaysia has discovered oil with the Bunga Aster-1 well offshore Peninsular Malaysia.
April 24, 2024
Courtesy Anasuria Operating Co.
The Anasuria FPSO vessel was installed to develop the Teal, Teal South, Guillemot A and Cook fields.
Britain’s North Sea Transition Authority has approved Anasuria Hibiscus UK’s request to extend the second term of offshore license P2451 to Sept. 30, 2026.
March 21, 2024
Courtesy Hibiscus Petroleum
The Teal West environmental statement was approved by the UK Regulatory Authorities in July 2023. The NSTA subsequently approved the field development plan in August 2023 and issued Anasuria Hibiscus UK a production consent for the Teal West development. The drilling of the initial development well is planned to commence around mid-2025, and a suitable drilling rig is being actively sought. The Teal West tieback to Anasuria FPSO is pictured.
Hibiscus Petroleum provides project updates in a results statement.
Feb. 21, 2024
Courtesy Hibiscus Petroleum's Corporate and Business Update August 2023
Teal West Tie-back to Anasuria FPSO
Production from the Anasuria area in the UK central North Sea has fallen recently due to shut-in of the GUA-P5 well in May, due to a hydraulic supply issue to the subsurface safety...
Aug. 24, 2023

Additional content from Hibiscus Petroleum

Courtesy Hibiscus Petroleum
Teal West tieback to Anasuria FPSO
Hibiscus Oil & Gas Malaysia is claiming a record for the longest well drilled in Malaysia.
May 24, 2023
Courtesy Hibiscus Petroleum
Anasuria Fpso
Hibiscus Petroleum’s UK subsidiary has replaced a malfunctioning riser that had affected operational performance from the Anasuria Cluster fields in the UK central North Sea.
Nov. 22, 2022
(Courtesy Hibiscus Petroleum)
Hibiscus Petroleum
Hibiscus Petroleum subsidiary Peninsula Hibiscus has acquired Fortuna International Petroleum Corp. from Repsol.
Jan. 25, 2022
(Courtesy Hibiscus Petroleum)
Hibiscus826
Hibiscus Petroleum has issued an update on a planned joint field development in the UK central North Sea.
Aug. 26, 2021
(Courtesy Repsol)
Repsol Malaysia
Repsol has agreed to sell its E&P interests in Malaysia and in block 46 CN in Vietnam to a subsidiary of Hibiscus Petroleum.
June 2, 2021
(Courtesy Hibiscus Petroleum)
Hibiscus120
Hibiscus Petroleum will pursue studies for two new potential subsea projects in the UK North Sea.
Jan. 20, 2021
(Courtesy Hibiscus Petroleum)
The Anasuria FPSO operates in the UK central North Sea.
Hibiscus Petroleum has taken steps to counter the spread and impact of COVID-19 on its operations offshore Malaysia and in the UK central North Sea.
May 4, 2020
(Source: Oil and Gas Authority)
Hibiscus227
Hibiscus Petroleum has been officially confirmed as exploration operator of four UK central North Sea blocks.
Feb. 27, 2020
(Courtesy Hibiscus Petroleum)
Location of the VIC/P74 permit in the Gippsland basin offshore southeast Australia.
Hibiscus Petroleum’s subsidiary Carnarvon Hibiscus has exercised an option to farm into 50% of the VIC/P74 permit in the Gippsland basin offshore southeast Australia, under an...
Oct. 4, 2019