Asia/Pacific E&P slow, but India, Malaysia, Thailand attracting foreign investment

摘要

The Asia/Pacific has been slow to come back from the depths of the 1998-1999 recession, and oil and gas exploration and development have lagged in this region. Part of the problem is the slow expansion in oil and gas markets after the economic collapse.rnActivity in the region peaked in the mid-1990s, and has been slow to rebound, a problem attributable equally to the political unrest in specific areas, and to the fact that investment has flowed to other areas of the world. Still, certain operators, such as Unocal, have focused heavily on the region as an opportunity to grow reserves.