Pertamina refinery fire rages in Indonesia
A massive fire continues to rage at one of Indonesia’s biggest oil refineries operated by national oil company Pertamina.
Indonesia
Explosion at Pertamina’s Balongan refinery
Indonesia’s biggest oil refinery, operated by national oil company Pertamina, experienced a huge explosion Monday morning, according to local media reports
KrisEnergy’s Vietnam farm-out deal delayed again
Southeast Asia-focused upstream player KrisEnergy has yet again delayed the completion date of the proposed farm-out of its entire interest in Block 115/09 offshore Vietnam.
Australia’s Bass Oil ramps up Indonesia drilling
Australian-listed producer Bass Oil is planning new development drilling at its onshore oilfields in south Sumatra as it seeks to double its output in Indonesia over 2022.
Japanese partners eye Indonesian blue ammonia production
Japanese trading house Mitsubishi and state-owned energy agency Jogmec are exploring potential blue ammonia output with Indonesian producer Panca Amara Utama (PAU).
Indonesia’s Saka expands offshore field
Indonesia’s Saka Energi is pressing ahead with expansion projects at its Pangkah production sharing contract offshore East Java, Indonesia.
Australia rules against Thailand’s PTTEP over oil spill
The Indonesian government has welcomed an Australian court ruling ordering Thailand’s PTT Exploration & Production (PTTEP) to pay compensation to Indonesian seaweed farmers following the 2009 Montara oil spill. The total bill could top more than $262 million.
Repsol eyes giant carbon storage scheme in Indonesia
Repsol is studying the potential of a giant geological carbon capture and storage project in Sakakemang in Indonesia.
Indonesian producer eyes Australian acquisitions
Bass Oil is seeking Australian upstream acquisition opportunities, which are largely being ignored by the market amid the energy transition, to complement its increased activities in Indonesia.
ADNOC signs $2bn supply deal with Pertamina
Abu Dhabi National Oil Company (ADNOC) will supply Indonesian national oil company Pertamina with liquefied petroleum gas (LPG) and sulfur in a four-year deal worth around $2 billion.
Indonesia’s Pertamina plans $92 billion spend
Indonesian national oil company (NOC) Pertamina has a planned capital expenditure totalling $92 billion for the term 2020-24. The NOC will be seeking external funding and partnerships to meet this goal.
Chevron cleans up Indonesian oil spill
Chevron has successfully cleaned up an oil spill from one of its pipes, at the Dumai Port in Riau, Indonesia, that is used to ship hydrocarbons from its Rokan Block.
Chevron reports Indonesian oil spill
Chevron has spilled an unknown quantity of oil from one of its pipes, at the Dumai Port in Riau, Indonesia, that is used to ship hydrocarbons from its Rokan Block.
Repsol’s Indonesian wildcat targeting 4 Tcf of gas
Analysts at IHS Market report that Repsol’s highly anticipated Rencong-1X wildcat in the frontier deep waters of Indonesia’s North Sumatra basin is targeting prospective gas resources of 4 trillion cubic feet (cf).
Petronas strikes oil off Indonesia
Malaysian national oil company (NOC) Petronas has hit oil at its North Madura II production-sharing contract (PSC) offshore East Java, Indonesia.
Pertamina tussles with Chevron over Rokan EOR
Indonesian national oil company (NOC) Pertamina has so far failed to agree a commercial deal with Chevron for a key chemical formula that is critical for enhanced oil recovery (EOR) efforts at the legacy Rokan Block.
Pertamina seeks international partners to boost Indonesia upstream
Indonesian national oil company (NOC) Pertamina is seeking to farm-down stakes in some of its key domestic assets taken over from international oil companies (IOCs) exiting Indonesia.
Aberdeen subsea firm OceanTools to play key role in tsunami detection efforts
Subsea technology firm OceanTools, of Aberdeen, has shipped a first batch of equipment it says could help save thousands of people if another tsunami struck south-east Asia.
Repsol and Petronas set for key wildcat in Indonesia’s deep waters
Repsol and Petronas are on track to drill the much-anticipated Rencong-1X wildcat in the frontier deep waters of Indonesia’s North Sumatra basin.
Indonesia eyes biggest drilling campaign since 2014
The Indonesian government forecasts that 616 new development wells will be drilled across the archipelago this year following a strong rebound in global crude prices.
Eni tipped to takeover giant Chevron project in Indonesia by March
SKK Migas, Indonesia’s upstream regulator, expects Eni to takeover Chevron’s giant Indonesia Deepwater Development (IDD) during the first quarter 2021. If the move comes to pass, expect other potential buyers, that could include Pertamina, Sinopec, Neptune Energy and Saka Energi, to be in the new IDD mix.
EWC revives Indonesia LNG scheme after delay
Australia’s Energy World Corporation (EWC) is planning to restart development of its mid-scale modular Sengkang LNG liquefaction facility in South Sulawesi, Indonesia.
Indonesian NOC Pertamina readies IPO
Indonesia’s national oil company (NOC) Pertamina is preparing to take at least one of its business units public during the second-half 2021.
IOCs eye $12 billion worth of mergers and acquisition deals in the Asia Pacific region
Upstream merger and acquisitions (M&A) deals are expected to rebound in Asia Pacific this year after plunging to their lowest level this century in 2020, when the pandemic and collapse in oil and gas prices killed activity.
Maurel appoints John Anis as chairman
Maurel et Prom has appointed John Anis as the chairman of the board, to replace Aussie Gautama.