Search results for: indonesian

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  • 2 May 2016
    Business & Finance

    Ten Indonesian crewmembers who were kidnapped on March 26 in the Philippine waters have been released from captivity, according to the Indonesian Ministry of Foreign Affairs. The crew were taken following the hijacking of tug Brahma 12 and the barge Anand 12 during their voyage from Sungai Puting, South Kalimatan to Batangas, South Philippines. The tug was released by the end of March, […]

  • 24 August 2015
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Indonesian national electric utility company PT PLN (Persero) and British-based marine renewable energy developer SBS have signed a memorandum of understanding for the development of tidal energy power plant. According to SBS, the planned tidal-stream facility will be a phased development, starting initially with a total capacity of 12 MW, expanding to 140 MW, based […]

  • 25 December 2017

    Japan’s Inpex said it will give up the two offshore blocks in Indonesia as the current production sharing contracts for oil and natural gas expire at the end of the year. 

  • 25 December 2017

    Japan’s Inpex has decided to surrender two blocks offshore Indonesia. The current production sharing contracts for these two blocks expire at the end of 2017.

  • 18 April 2011
    Business & Finance

    PT Elnusa Tbk.  in a joint venture with CGGVeritas commissioned a seismic vessel on Sunday, 17thApr’11 at Raffles Marina, Singapore. Both companies established a JV (Joint Venture) Company named PT Elnusa-CGGVeritas Seismic to operate the seismic vessel, which has been designed and outfitted to conduct marine seismic surveys in Asia Pacific region, in particular Indonesia. […]

  • 22 July 2011
    Business & Finance

    Addressing the Indonesia International Conference- Focus On Indonesian Economy 2011, APM Terminals Asia-Pacific Regional Director of Portfolio Management, Michael Lund Hansen, noted the impressive recent growth of the Indonesian economy, but cautioned on the need for port and inland infrastructure to keep up with the nation’s development requirements. “Indonesia is not growing at its full […]

  • 30 December 2009

    Prior to the implementation of SHT, certification for fishing boats to net fish in Indonesia’s territory, activists warned Indonesian government on Wednesday that the policy implementation could risk the development of Indonesian traditional fishermen. Responding to the Maritime and Fisheries Ministry’s plan to implement the certification in January next year, activists joined in People’s Coalition […]

  • 18 April 2011
    Business & Finance

    PT Elnusa Tbk. in a joint venture with CGGVeritas commissioned a seismic vessel on Sunday, 17thApr’11 at Raffles Marina, Singapore. Both companies established a JV (Joint Venture) Company named PT Elnusa-CGGVeritas Seismic to operate the seismic vessel, which has been designed and outfitted to conduct marine seismic surveys in Asia Pacific region, in particular Indonesia. […]

  • 8 March 2013
    Business & Finance

    Blue Dolphin Energy Company has completed the disposal of its seven percent (7%) undivided working interest in the North Sumatra Basin – Langsa Field offshore Indonesia (the “Indonesian Interest”). The Indonesian Interest was acquired by Blue Sky Langsa, Limited (“Blue Sky”), the lease operator, pursuant to a Sale and Purchase Agreement between the parties. Blue […]

  • 18 April 2011

      PT Elnusa Tbk. in a joint venture with CGGVeritas commissioned a seismic vessel on Sunday, 17thApr’11 at Raffles Marina, Singapore. Both companies established a JV (Joint Venture) Company named PT Elnusa-CGGVeritas Seismic to operate the seismic vessel, which has been designed and outfitted to conduct marine seismic surveys in Asia Pacific region, in particular […]

  • 16 February 2015
    Business & Finance

    Golar LNG Ltd has completed the sale and delivery of the 2005-built LNG carrier Golar Viking to PT Perusahaan Pelayaran Equinox (Equinox), the company said. The transaction has been concluded at a sale price of USD 135 million. The vessel has been re-named “Salju” under Indonesian flag and registry.  Under Indonesian Cabotage regulations, LNG cargoes produced […]

  • 22 December 2011
    Business & Finance

      A Malaysian trawler boat was detained by Indonesian authorities for operating in Indonesian waters in Karang Unarang area near Pulau Sebatik, which is still under dispute between Malaysia and Indonesia, reports Bernama. A team of Nunukan Maritime and Fisheries Department, Indonesian navy, marine and air force, Indonesian police as well as the district enforcement […]

  • 5 August 2016

    Energy giant BP and SKKMigas, Indonesia’s upstream oil & gas regulator, signed a loan deal worth $3.74 billion with a consortium of international and Indonesian banks to fund the expansion of the BP-operated Tangguh LNG plant. The financing deal follows the decision made by BP and other partners in Indonesia’s Tangguh LNG project to build […]

  • 2 February 2015

    An Indonesian-flagged tanker carrying around 1,100 tonnes of fuel was hijacked and its crew forced to board a lifeboat off North Sulawesi, Indonesia, on Wednesday, January 28, according to the local media. According to initial reports, eight masked men armed with knives approached and boarded the MT Rehobot on a wooden boat, forcing 14 of the ship’s […]

  • 16 February 2015
    Project & Tenders, Vessels

    Golar LNG said it has completed the sale and delivery of the 2005 built LNGC Golar Viking to PT Perusahaan Pelayaran Equinox. The transaction has been concluded at a sale price of US$ 135 million. The vessel has been re-named “Salju” under Indonesian flag and Registry, Golar LNG said on Monday. Under Indonesian Cabotage regulations, […]

  • 16 February 2015
    Project & Tenders, Vessels

    Golar LNG said it has completed the sale and delivery of the 2005 built LNGC Golar Viking to PT Perusahaan Pelayaran Equinox. The transaction has been concluded at a sale price of US$ 135 million. The vessel has been re-named “Salju” under Indonesian flag and Registry, Golar LNG said on Monday. Under Indonesian Cabotage regulations, […]

  • 27 October 2017
    Business & Finance

    Samudera Shipping Line has disposed of two Indonesian-flagged ships, a 16-year-old oil tanker Sinar Jogya and a 12-year-old containership Sinar Padang. As informed, Sinar Jogya was sold for USD 7.9 million, while Sinar Padang fetched a price of  USD 1.27 million. “The book value of the vessels is USD 8.3 million. Accordingly, the disposal of […]

  • 21 November 2011

    INPEX CORPORATION announced that through its subsidiary INPEX Banda Sea, Ltd., INPEX and Japan Oil, Gas and Metals National Corporation (JOGMEC) have been granted the approval of the Indonesian Government to acquire the 100% participating interest in the Babar Selaru Block on the Indonesian First Bidding Round 2011. INPEX Banda will conduct the exploration activity […]

  • 2 April 2013
    Business & Finance

    A ceremony was held recently to commemorate the completion of the Indonesian submarine’s basic design. It is Korea’s first submarine export so DSME received a great deal of media attention when signing the contract. DSME had 50 basic design drawings approved by the Indonesian Navy and began the structure and production design. The Indonesian submarines […]

  • 22 June 2015
    Project & Tenders

    Rosneft and Indonesian Pertamina signed a memorandum of understanding regarding a joint study of potential areas of cooperation between the two companies, particularly in hydrocarbons upstream in Russia and Indonesia.

  • 29 May 2012
    Business & Finance

    China Oilfield Services Limited attended the 36th IPA Indonesian Petroleum Association Convention and Exhibition which was recently held at the Jakarta Convention Center. This is the sixth year in a roll that COSL participates in the same event as one of the major exhibitors. The IPA Convention and Exhibition is held annually and is the […]

  • 2 March 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    French engineering company Bardot Group has shown interest to develop ocean thermal energy conversion (OTEC) projects in Indonesia.