APEC
Country: Singapore
Market: South East Asia
Date of original investment: 2006
Deal type: Start-up
Regional oil and gas company​
Global stability and prosperity depend on the successful exploration and exploitation of natural resources. In 2007, Actis joined a consortium with other blue-chip investors, to invest in Asia Pacific Exploration Consolidated (APEC), a privately owned oil and gas exploration company, with the potential to become a major independent oil and gas player in this resource rich region.

Led by an experienced management team with a proven track record of success, APEC's investment thesis was to target the lower risk, medium sized fields in South East Asia.

Actis identified an opportunity to build an exploration company focused on onshore and shallow water basins that were too small to interest major established participants in the oil and gas exploration sector. The objective was to support an international management team to build a diversified portfolio.

Since the summer of 2010, APEC has been undertaking exploration work in Indonesia.