Chevron signs Rokan deal as Indonesia exit looms
Indonesia is taking proactive steps in a bid to avoid a sharp drop in upstream production as state-backed Pertamina takes over more legacy assets from international oil companies (IOCs).
Indonesia
Infrastructure for Hornsea Two offshore wind farm departs Indonesia
More than 10,000 tonnes of steelwork has departed Indonesia bound for the Hornsea Two offshore wind farm.
Politics muddy Indonesia’s $48 billion refinery expansion plan after Aramco walks
Saudi Aramco’s experience may offer a cautionary tale to other investors considering multi-billion-dollar refining partnerships with Indonesian NOC Pertamina
Shell eyes $2.2 billion divestment from giant Indonesia gas project
Shell is pushing ahead with plans to divest its share of the giant Abadi LNG project in the Masela Block offshore Indonesia.
BlackRock warns Korean utility on overseas coal plant push
BlackRock Inc. has challenged Korea Electric Power Corp. over plans to invest in new coal-fired power plants in Vietnam and Indonesia.
Silver lining for Asian LNG market after oil price crash
Lower long-term LNG prices could encourage coal-to-gas switching in Northeast Asia, while Chinese LNG demand is also expected to expand this year, albeit at a slower rate, as China gets back to work.
Upstream spend at risk in Asia Pacific
Demand destruction and sustained oil prices below $40 per barrel mean Asia Pacific is bracing itself for a brutal wave of cost cutting that will see its reliance on imports rise as upstream investment is hit hard.
Virus looks set to delay BP’s Tangguh LNG expansion
BP will be bracing for a delay in the start-up of its third liquefied natural gas (LNG) train at the Tangguh LNG project in West Papua province, Indonesia, due to the Covid-19 pandemic.
Australia leads in bumper year for Asia Pacific FIDs
Looming wave of final investment decisions (FIDs) will provide massive boost for offshore oilfield service sector in Southeast Asia
Exploration in 2020: Transition, what transition?
The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many E&P boardrooms in 2019, but the impact on exploration drilling is not yet apparent.
Southeast Asia braces for huge wave of decommissioning
Decommissioning Southeast Asia’s aging oilfields offers a vast but challenging market opportunity.
Premier Oil achieves first gas off Indonesia
Premier Oil has achieved First Gas from its operated Bison, Iguana and Gajah Puteri (BIG-P) project in the Natuna Sea Block A offshore Indonesia.
TechnipFMC bags huge Merakes contract with Eni
TechnipFMC has won a contract with Eni for the Merakes project off the coast on Indonesia.
Xodus nominated for Indonesian LNG project
Aberdeen consultancy Xodus Group has been nominated as a subcontractor for an LNG project in Indonesia.
Premier Oil awarded exploration license in Indonesia
Premier Oil has been awarded an exploration license in Indonesia’s North Sumatra basin.
Atlantis Resources lands Indonesia deal
Atlantis Resources has landed a deal in Indonesia for eight turbines.
MEM engaged by renewable investors to deliver multi-million Southeast Asia projects
Renewable development consultant, Modern Energy Management (MEM), has been tapped by investors to facilitate wind and solar projects in Myanmar, Vietnam, Indonesia and the Philippines.
ExxonMobil pulls plug on huge Indonesian field talks
ExxonMobil has pulled the plug on talks about the East Natuna gas block in Indonesia, a news report said.
Empyrean Energy kicks-off “aggresive” drilling campaign
Empyrean Energy has kicked-off its "aggressive" drilling campaign offshore Indonesia.
Aggreko buys Indonesian power rental company
Aggreko plc has agreed the purchase of KBT (Kerta Bumni Teknindo), an Indonesia-based power rental company.
Eni starts production from Jangkrik offshore Indonesia
Italian energy company Eni has kicked off gas production from its Jangkrik fields offshore Indonesia.
Indonesian police say Interpol searching for three Sinopec execs
Interpol has issued red notices, the closest to an international arrest warrant, for three Chinese executives suspected of fraud, according to Indonesian police.
BP scoops stake in Indonesia LNG plant for $300m
BP has bought a 3.06% stake in an Indonesian liquefied natural gas (LNG) project from Repsol for more than $300million, the Spanish firm has said.
Fourth Energy Minister appointed in Indonesia since July
A former Transportation Minister has been appointed by Indonesia's president as Energy and Mining Minister.
Medco nets 40% stake from ConocoPhillips in Natuna Sea
Indonesia's PT Medco Energi has agreed to acquire ConocoPhillips 40% stake in an oil and gas production sharing block which the US firm operates in the Natuna Sea.