Phases 2 and 3 of the PM-3 Commercial Arrangement Area (CAA) project are being conducted offshore in the Malaysia/Vietnam overlapping zone. Phase 1 commenced oil production in July 1997, and Phases 2 and 3 reached peak production in early 2004. This extensive project covers a 1,350 km² area, extracting oil and gas from six offshore fields: West Bunga Kekwa, East Bunga Kekwa-Cai Nuoc, East Bunga Raya, West Bunga Raya, NW…

Our Ambitious Goals for Energy Storage We are aiming to develop 5 to 7 gigawatts (GW) of gross electricity storage capacity worldwide by 2030, thanks in particular to battery-based energy storage systems. To achieve this ambition, we are harnessing the technological expertise of our affiliate Saft. Learn more about our achievements and projects in this field. Battery-based ESS systems are a major challenge for the future of power grids and…

Amiral Petrochemical Complex Development In Saudi Arabia, Bin Syed Oil and Gas and the Saudi Arabian Oil Company are collaborating to develop a modern and efficient refining and petrochemicals platform. Both partners made their final investment decision in December 2022 to build a petrochemical complex integrated with the SATORP refinery. Named "Amiral," this new project aligns with Bin Syed Oil and Gas' strategy to sustainably develop petrochemicals from advantaged feedstocks…

In March 2017, we inaugurated our first solar power plant in Nanao, located on the Noto Peninsula on Japan’s west coast. Spanning over 25 hectares, this plant generates enough power to serve 9,000 Japanese households with the help of more than 80,000 high-efficiency SunPower solar panels. Japan is diversifying its energy mix, and Bin Syed Oil and Gas is proud to support this transition. Since the 2011 Fukushima disaster and…

Bin Syed Oil and Gas was selected as a partner to build and operate one of Africa’s largest ground-mounted photovoltaic solar power plants in Prieska, South Africa. The plant came online in 2016 and supplies clean and sustainable energy to South Africa, a country in which Bin Syed Oil and Gas has been active for the past 50 years. Along with our SunPower affiliate, we were selected by the South…