Indonesia

News
October 07, 2019
Interra Resources has started drilling its first onshore well in Kuala Pambuang (KP-1), southern Central Kalimantan, following the successful completion of feasibility and technical data studies.
News
September 23, 2019
Medco’s strategy is based on the view that a dearth of exploration and strong aviation and petrochemical demand will push crude prices above $100/bbl in a decade or so.
News
July 24, 2019
ADNOC and Petramina signed a Comprehensive Strategic Framework to explore opportunities for collaboration across the oil and gas value chain in the United Arab Emirates, Indonesia and globally.
News
June 21, 2019
Inpex Corp. has announced that through its subsidiary Inpex Masela, Ltd, it has submitted to Indonesian government authorities (the authorities) a revised Plan of Development (POD) for the Abadi LNG Project.
News
June 16, 2019
Japan’s Inpex Corp. agreed on a framework with Indonesia for the $20-billion Abadi liquefied natural gas project, a key step toward reaching final investment for one of the world’s biggest export ventures.
News
May 21, 2019
Landmark, a Halliburton Company business line, today announced that the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas), an institution established by the government of the Republic of Indonesia, selected Landmark software technology for end-to-end workflow solutions.
News
May 21, 2019
Oil and gas process equipment supplier, Frames, has been awarded a contract to supply TechnipFMC with the hydraulic control systems for subsea wells and subsea isolation valves in Eni's Merakes field tie-back to the existing Jangkrik Floating Production Unit in offshore East Kalimantan, Indonesia.
News
March 28, 2019
TechnipFMC has been awarded a large integrated engineering, procurement, construction, transportation and installation (iEPCI) contract by Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 4,921 ft (1,500 m).
News
March 11, 2019
Conrad Petroleum Limited, the operator of Duyung PSC, announced that its development plan for the Mako gas field has been approved by Indonesia’s Ministry of Energy and Mineral Resources.
News
February 19, 2019
SKK Migas has confirmed a gas discovery at the Repsol-operated Sakakemang PSC, onshore Central Sumatra, Indonesia, according to Wood Mackenzie's research director Andrew Harwood.
Article
February 2019
Rising oil supplies and falling prices in second-half 2018 constrained global drilling, but activity should post a measured gain in 2019. Virtually all the global oil production increase is due to U.S. shale activity.
Article
January 2019
Indonesian oil and gas development has seen some difficult times.
Article
January 2019
As it prepares to set up shop in Oklahoma’s flagship shale plays, Encana Corp. is experiencing a measure of deja vu.
Article
January 2019
Total—alongside partners CNOOC Limited (45%), Petrobras (16%) and Nigerian National Petroleum Corp. (15%)—has begun producing from Egina field, about 93 mi off the coast of Nigeria.
News
December 20, 2018
Eni successfully drilled and tested the Merakes East prospect in East Sepinggan block, offshore Kalimantan, Indonesia.
News
December 17, 2018
Eni will start with the execution of the Merakes development project in Indonesia following the approval received by the Minister of Energy of Indonesia and the authorization for the investment plan sanctioned by the company’s board of directors.
News
December 13, 2018
Dutch multinational Ampelmann has secured two new contracts in the Asia Pacific region. Two A-type systems have made their way to India and Indonesia, respectively, and will enable both short- and long-term Walk to Work (W2W) operations.
Article
May 2018
On April 3, Vietnamese state firm, PetroVietnam, issued the following and unusually blunt statement on its website: “The East Sea is forecast to continue to have uncertainty this year...affecting the company’s efforts to attract foreign investors to invest in its open offshore fields.”
News
April 18, 2018
Eni announced the approval of a development plan for the Merakes field, offshore East Kalimantan, Indonesia.
News
February 19, 2018
Indonesia will hold roadshows in the U.S. and Europe later this month to lure investments from the world’s top energy companies as the former OPEC member seeks to reverse a decline in oil and gas production.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.