Indonesia
News
May 15, 2017
Eni has started gas production from the Jangkrik Development Project, in deep water offshore Indonesia, ahead of schedule. The project comprises the gas fields Jangkrik and Jangkrik North East, located in the Muara Bakau block, Kutei basin, in the deep water of Makassar Strait.
News
May 11, 2017
Red tape, rising costs and declining crude prices are throttling exploration in Indonesia, the former OPEC member that now produces less oil than it uses.
News
April 25, 2017
Indonesia plans to overhaul its energy policy to attract investment of as much as $200 billion over the next decade as the former OPEC member seeks to reverse a decline in its crude oil production.
News
April 21, 2017
Vice President Mike Pence announced 11 major deals valued at more than $10 billion between U.S. and Indonesian companies, mostly in energy and defense.
News
April 11, 2017
Hansa Heavy Lift has successfully transported two dozen reels, as well as a range of subsea equipment for the Jangkrik Complex Project, off the coast of Indonesia.
News
March 13, 2017
Jadestone Energy acquires Ogan Komering PSC
News
March 01, 2017
Saudi Arabian Oil Co expanded its ownership of refineries and petrochemical plants in Indonesia and Malaysia with investments totaling $13 billion as it prepares for what may be the biggest ever initial public offering by bulking up its business in Asia, its largest market.
Article
February 2017
With a dense population and, therefore, a growing energy demand, Southeast Asia relies heavily on the oil and gas industry. This urgency has given rise to the region’s E&P efforts during an industry downturn, as producers have been forced to contend with low prices and aging fields.
News
January 20, 2017
Proserv has already secured new contracts worth more than $12 million so far this year and has revealed plans for further international growth with new bases in Saudi Arabia and India.
News
November 29, 2016
In a recent report, Indonesia’s expiring PSCs: $10 billion of potential upstream value, Wood Mackenzie valued Indonesia's expiring oil and gas production licenses or production sharing contracts (PSCs) at close to $10 billion.
News
September 14, 2016
GE Oil & Gas has been awarded a contract to supply gas turbine-driven compressors for a third natural gas liquefaction train for the Tangguh expansion having provided the original equipment for Trains 1 and 2 when the plant was first established.
News
September 13, 2016
Ophir Energy, a UK-based independent, has commenced commercial production from Kerendan field in Indonesia.
News
August 16, 2016
GE Oil & Gas subsidiary, PT. VetcoGray Indonesia, has been awarded a field decommissioning contract with Premier Oil Indonesia, to support the shutdown of four subsea wells in Anoa field, offshore Indonesia.
News
July 12, 2016
Dril-Quip’s wholly owned subsidiary Dril-Quip Asia Pacific Pte Ltd, in conjunction with its local representative, was awarded a contract in late June valued at approximately $40 million to supply subsea drilling and production equipment and related services to Kangean Energy Indonesia Ltd., a contractor for SKK Migas.
News
July 01, 2016
BP, on behalf of Tangguh Production Sharing Contract partners, announced that the final investment decision (FID) has been approved for the development of the Tangguh Expansion Project in the Papua Barat Province of Indonesia.
News
June 28, 2016
AWE Limited has been advised by Santos, as Operator, that a successful Drill Stem Test (DST) has been conducted on the G Sand reservoir at the AAL-4XST1 appraisal well, offshore Indonesia, achieving an averaged stabilized flow rate of 828 bopd on a 64/64-in. choke over a 9-hr period.
News
June 08, 2016
Seascape Surveys Pte. Ltd. and PT Seascape Surveys Indonesia, subsidiaries of Mermaid Maritime Public Company Limited, have been awarded six different subsea projects in Asia with an estimated aggregate contract value of $15 million.
News
February 03, 2016
Cue Energy Resources Limited advises that the Naga Selatan-2 well (NS-2) has discovered oil and is currently being suspended to allow for future production testing.
News
February 02, 2016
Total has signed long-term sale and purchase agreements with Pertamina for the supply of LNG volumes over a period of 15 years beginning in 2020.
News
December 14, 2015
Exxon Mobil has started the onshore central processing facility at Banyu Urip field in Indonesia, helping increase production to more than 130,000 bopd.
