5058 results found for 'Indonesia'

5058 results found for 'Indonesia'
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  • BP Awarded Exploration Block in Indonesia

    26 November 2010

    Following an announcement last week by the Government of Indonesia last week, BP confirmed today that it has been awarded a 100 per cent interest in the North Arafura oil and gas production sharing contract (PSC) in onshore Papua Province. The PSC was signed today in Jakarta by representatives of the Government and BP. The […]

  • Indonesia raises Tangguh LNG price

    1 July 2014

    Indonesia said it has raised the price of its Tangguh liquefied natural gas for China’s CNOOC. $3.3 mmbtu agreed in the previous contract was more than doubled to $8 mmbtu for the rest of the year and the price will continue to rise annually, according to the new contract. Minister of Energy Jero Wacik said that: “Tangguh […]

  • DSLNG Faces Output Limitations (Indonesia)

    14 April 2011

    Indonesia’s 2mn t/yr Donggi Senoro LNG project (DSLNG) is unlikely to be expanded because of limited natural gas reserves… (argusmedia) [mappress] Source: argusmedia, April 14, 2011;

  • Pertamina Buys Anadarko’s Assets in Indonesia

    11 December 2012

    Indonesia’s oil company PT Pertamina (Persero) through Pertamina Hulu Energi has signed a definitive acquisition agreement with Anadarko Offshore Holding Company LLC to gain 100% ownership of Anadarko Ambalat Limited, Anadarko Bukat Limited, and Anadarko Indonesia Nunukan Company. The fee for the transaction was not disclosed. These three companies are subsidiaries of Anadarko Petroleum Corporation […]

  • Indonesia to Ratify Several IMO Instruments

    6 August 2012

    The Republic of Indonesia has formally notified IMO of its intention to ratify the International Convention for the Prevention of Pollution from Ships (MARPOL Convention), Annexes III, IV, V and VI, and the International Convention on Maritime Search and Rescue (SAR). Mr. E.E. Mangindaan, Minister for Transportation of the Republic of Indonesia, told IMO Secretary-General […]

  • Hess Sells Pangkah Asset (Indonesia)

    10 January 2014

    Hess Corporation today completed the previously announced sale of its Pangkah asset to a subsidiary of PT Saka Energi Indonesia. The subsidiary company exercised its pre-emption rights, for a total after tax consideration of $650 million comprising the sale of equity interests in certain holding entities and certain inter-company debts. The asset, located off the […]

  • Indonesia to Apply Stricter Fishing Regulations

    17 August 2011
    Rules & Regulation

      Indonesia will apply stricter fishing regulations starting on December 1– and said rules could have a negative effect on the Filipino tuna sector, according to the.. (FIS) [mappress] Source: FIS, August 17, 2011

  • Van Oord Signs MOU in Indonesia

    12 March 2020
    Business & Finance

    PT Pengerukan Indonesia (the dredging subsidiary of IPC) and PT Van Oord Indonesia have a long track record of successfully executing projects together. The two parties have signed a MOU which aims to explore further cooperation and partnering on dredging projects in Indonesia, especially at the ports under management of IPC. The MOU was signed […]

  • Cargo Ship Sinks Offshore Indonesia

    27 March 2015

    A cargo ship, Kumala Endah (or Indah), has sunk after running aground in Belawan waters in Indonesia on Tuesday night. According to media reports, five of the fourteen crew members were rescued. Supposedly, the ship, which was carrying 700 tons of iron, struck an underwater wreck which caused it to sink, leaving nine people missing. […]

  • Petronas hits oil offshore Indonesia

    24 February 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    Petronas has made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract, offshore Indonesia.

  • Statoil Expands its Presence in Indonesia

    24 May 2011
    Business & Finance, Operations & Maintenance, Research & Development

    Statoil will acquire a 40% equity interest in a North Makassar Strait Production Sharing Contract (PSC) and a similar interest in two additional offshore PSCs (West Papua IV and Halmahera-Kofiau). The three production sharing contracts (PSC) will be operated by Niko Resources Ltd. Given exploration success, Statoil has the option to become the operator in […]

  • Indonesia’s OTEC gets French funding boost

    8 April 2016
    Business & Finance, Research & Development, Technology

    Akuo Energy, together with Pertamina and the French Agency for Development (AFD), have signed a grant agreement to foster the development of renewable energies in Indonesia.

  • Indonesia: Pertamina Plans Big LNG Investment

    30 January 2012

    Indonesia’s Pertamina said in a statement Friday that it has approved plans to spend $1.96 billion from 2012-14 on planned FLNG terminals and associated gas pipelines. The company plans to invest $1.15 billion to build a floating storage and regasification unit in Central Java and a pipeline linking East Java-Central Java and West Java. Pertamina […]

  • CBM Asia Updates on Operations in Indonesia

    29 April 2014

    CBM Asia Development announced an update on CBM production operations at the Kutai West PSC, where the company holds 705 Bcf of net prospective recoverable resources. The company also announced the resignation of board member Adam Clarke and the return of Keith Potter to his former position as General Manager, Indonesia. During the past few […]

  • Indonesia Plans Three New Ports

    5 November 2014
    Business & Finance

    PT Pelabuhan Indonesia II (Pelindo II), a state-owned port operator, is planning to issue USD 1 billion in bonds in April 2015 to secure financing for the construction of three new ports in Indonesia, The Jakarta Post reports. Richard Joost Lino, the company’s president director, said the company will build the ports in Tanjung Api-Api, South Sumatra, […]

  • Indonesia: Pertamina Seeks Qatari LNG

    12 June 2011

    Indonesia’s PT Pertamina is seeking to buy 1.5 million tons of liquefied natural gas annually to feed a floating LNG receiving terminal it i… (morningstar) [mappress] Source: morningstar, June 12, 2011;  

  • Indonesia Signs IMO’s BWM Convention

    25 November 2015
    Business & Finance, Rules & Regulation

    The International Maritime Organization’s (IMO) member state Indonesia is the latest country to sign the Ballast Water Management (BWM) Convention, an international measure for environmental protection. The convention is aimed at preventing the spread of harmful and invasive aquatic species in ships’ ballast water, and requires ships to have procedures in place for ballast water management. Indonesia’s accession comes after capacity-building projects […]

  • CBM Asia Updates on Operations in Indonesia

    19 December 2013

    CBM Asia Development provided an update of its coalbed methane (CBM) exploration activities in Indonesia. On December 12 CBM Asia signed a USD30 million Loan with Warrant MoU funding package with a prominent European family office which included a USD15 million letter of credit facility required by ExxonMobil under the Barito Basin farm-in Umbrella Agreement. […]

  • SBS, Indonesia Power enter talks over grid expansion for Nautilus

    17 January 2018
    Business & Finance

    On 17 January, the developer of the Nautilus project – SBS – signed a Memorandum of Understanding (MoU) with Indonesian state-owned power transmission company PT Indonesia Power, aiming to expand the grid on Lombok Island to accommodate the electricity that will be fed in by the Nautilus tidal energy array.

  • Technics wins leasing contract in Indonesia

    22 July 2014
    Business & Finance, Equipment

    Mainboard listed Technics Oil and Gas Limited, a full service integrator of compression systems and process modules for the global offshore oil and gas sector, has announced that it has been awarded its 3rd leasing contract worth S$17.3 million. It involves a 5 years leasing and maintenance contract for 5 units of Gas Compressor equipment as well […]

  • Indonesia Gas Output Beats Expectations

    16 September 2011

    Indonesia has already exceeded its natural gas production target for the whole of 2011 by… (reuters) [mappress] Source: reuters, September 16, 2011

  • Premier extends partnership with Mubadala in Indonesia

    17 July 2019

    Mubadala Petroleum has signed an agreement with Premier Oil to farm out a 20 percent participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs) located offshore Indonesia. 

  • ACE Winches Strengthens Position in Indonesia

    2 October 2015
    Business & Finance, Equipment

    ACE Winches has appointed has appointed Indonesian company Abumas in Jakarta as its local representative and agent. Managing Director of Abumas, David Philp, stated: “Abumas is a group of companies supplying products and services to the oil and gas industry in South East Asia with a primary focus in Indonesia. We are delighted to have ACE […]

  • AWE Starts Drilling Offshore Indonesia

    18 June 2010

    AWE Limited reports that the Liyun-1 well started drilling at 1845 hours (Indonesian time) on June 17, 2010. At 0600 hours today, the well was running and cementing 20” casing at a measured depth of 86 metres. Liyun-1 is an exploration well in the Bulu Production Sharing Contract, which is located in the East Java […]

  • Alcatel-Lucent and Telkom Indonesia to Develop Undersea Cable Network

    11 July 2013
    Business & Finance, Equipment, Project & Tenders

    Alcatel-Lucent and Telkom Indonesia have signed a contract for the development of a optic fiber network infrastructure which will connect the islands of Sulawesi, Maluku, and Papua located in the eastern part of the Indonesian archipelago. The system spanning more than 3,000 km will link the islands of Sulawesi, Maluku and Papua in the eastern […]