China Exploration & Production Industry Report 2025: Focus on Crude Oil and Natural Gas Production, with Focus on Major Oil Developments, Licensing Rounds, and M&A Activity - ResearchAndMarkets.com

The "China Exploration & Production, 2025" report has been added to ResearchAndMarkets.com's offering.

In-depth analysis of China's exploration and production sector. The report covers crude oil and natural gas production, with focus on major oil developments, licensing rounds, and M&A activity.

China remains Asia's largest oil and gas producer, with strong upstream resilience driven by national oil companies (NOCs) such as CNPC, Sinopec, and CNOOC. While oil production is set to decline post-2026, natural gas remains stable and central to China's energy transition strategy.

Despite geopolitical uncertainty and rising energy security concerns, China continues to invest in mature and offshore fields, supported by enhanced oil recovery (EOR) and reinvestment into low-cost projects. However, exploration is largely internal, licensing is limited, and M&A activity remains domestic and modest.

With declines in onshore production being offset by a ramp-up in offshore and deepwater expansion, Indonesia is keen to continue its E&P activities, and incentivize domestic, and outside investment to do the same. Projects like Geng North, Gendalo-Galang, and renewed investments in Tangguh, will keep up production levels, while ultra-deepwater projects continue to come online.

Today, Pertamina dominates the hydrocarbon sector in Indonesia, but Eni's acquisitions and drastic growth could reflect a change in market dynamics. Despite all the challenges, Indonesia's commitment to technological advances to work on maturing fields to increase outputs, increased investments, and ET goals, maintains their status in Southeast Asia, and global energy markets.

Report Scope

• Comprehensive, data-driven, timely, region-specific, strategic, insightful, forward-looking, geopolitical, investment-focused, and energy transition.

Company Coverage:

• CNPC - China National Petroleum Corporation
• CNOOC - China National Offshore Oil Corporation
• Sinopec
• China Petroleum Corporation
• Brightoil Petroleum
• Xinjiang Haoyuan Natural Gas
• PetroChina
• Guangxi Haichuan Energy
• Qingdao Kunlun Yongchang Energy
• Guangxi Tiansheng Port

Key Topics Covered:

• Executive Insights
• Oil and Condensate Production Outlook
• Natural Gas Production Outlook
• Development Outlook
• Exploration
• Bidding & Licensing
• Mergers & Acquisitions
• Takeaway

For more information about this report visit https://www.researchandmarkets.com/r/wk0q7

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250610964838/en/