Oil & Gas Sustainability in South East Asia
 

Today, businesses across South East Asia (SEA) are facing ever-evolving challenges – from growing demand, diminishing supplies and a mounting interest in sustainability, business are finding it increasingly difficult to remain efficient while achieving their sustainability goals.

It’s for this reason businesses need to gain a better understanding of the region’s energy landscape, in order to maximize their operations.


South East Asia’s Energy Landscape

SEA’s primary energy mix is dominated by fossil fuels, with oil, natural gas and coal making up more than three-quarters of today’s energy demand. Oil remains the dominant fuel, with regional demand currently at 4.4 million barrels per day.

With SEA’s oil reserves at 13billion, current levels of production would only be able to sustain output for 14 more years. It’s a similar situation for gas too, with current reserves (7.5 billion Mtoe) sustaining output for another 37 years.


Energy demand in the region has expanded by two-and-a half times since 1990 – a growth that ranks among the fastest in the world. This growth, further bolstered by urbanization, economic development and changing infrastructure, is only set to continue as energy demand will increase by 80% from today to 2035.


With rising demand, energy companies have to maximize resources across the region, tapping into alternative markets and energy sources. To give context to the size of, Indonesia is not only the largest oil producer in the region, but the largest energy user - consuming 66% more energy than Thailand (the second-largest user) and over 50 times more energy than Brunei!


Solving Energy Demand


Yet, more can be done to solve the rising energy demand through technology optimization and innovation. Power management company Eaton, aims to help customers manage energy more effectively  to help meet the world’s growing needs without consuming more of the world’s resources.

 

  
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While it is no easy feat, Eaton is making it possible through its POWER initiative:

 


  • Powering workplaces, homes and cities more efficiently
  • Optimizing global energy production
  • Working more productively and safely
  • Expanding capacity to meet growing demands
  • Reducing fuel consumption and emissions


With more than 100 years of heritage in the oil and gas industry providing safe and efficient products and solutions, Eaton is introducing alternative energy supplies to uncover new sources to power the world’s growth. The firm is building new capabilities, expanding its manufacturing presence, and launching new products and solutions to meet the diverse needs of customers in the region. Engaged in a major strategic initiative to grow its oil and gas business, Eaton’s

10,800 patents in innovation technology also aim to solve the toughest power management challenges – allowing businesses to turn their sustainability dreams into reality.


Eaton hosts a comprehensive range of customized solutions for the oil & gas industry in Asia Pacific that ensure companies can streamline their operations and optimize efficiency. Eaton’s solutions are recognized for lowering cost of ownership and reducing complexity, increasing operational predictability and reducing probability of hazardous situations and environmental issues.


Eaton is a power management company with 2013 sales of $22.0 billion. Eaton provides energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton has approximately 103,000 employees and sells products to customers in more than 175 countries. For more information, visit www.eaton.com.