ENEOS Xplora

ENEOS Xplora operates as a key business entity within the ENEOS Group, focusing on the upstream energy sector. The company's primary activities involve conducting oil and natural gas exploration and production projects on a global scale. Its business model is structured around a 'Two Pronged' approach. The fundamental business prong consists of traditional oil and gas development and production, which serves as the core revenue generator. This involves establishing and maintaining partnerships with oil and gas producing countries and other corporate partners to secure and develop energy resources. The second prong, designated as the growth business, is centered on Carbon Capture, Utilization, and Storage (CCS/CCUS) initiatives. This strategic direction indicates a move towards addressing environmental concerns and diversifying its portfolio into lower-carbon technologies. The company's operations, such as the office in Kuala Lumpur, Malaysia, highlight its international presence and engagement in key energy regions. Revenue is generated from the sale of extracted oil and natural gas, with future growth anticipated from the development and commercialization of its CCS/CCUS projects.

Keywords: Oil exploration, natural gas production, E&P, CCS, CCUS, energy sector, upstream, carbon capture, ENEOS Group, energy resources