Malaysia’s Genting has awarded a contract to China’s Wison New Energies to construct a 1.2 mtpa floating liquefied natural gas (FLNG) unit to be deployed offshore Indonesia, under a deal worth over $1 billion.Genting’s engineering, procurement…
Indonesia will ask Mubadala Energy to accelerate gas development in Indonesia's South Andaman Block after the United Arab Emirates explorer made a second discovery there, Dwi Soetjipto, chairman of upstream regulator SKK Migas, said on Tuesday…
Oil and gas company Harbour Energy has started drilling the Gayo-1 exploration well in the Andaman II block, offshore Indonesia.Drilling started on December 31, 2023, using West Capella ultra-deepwater drillship.According to SKK Migas, Indonesia’s government regulator…
Indonesia has approved a $238.71 million development plan for steamflood enhanced oil recovery in the Rokan block, the country's upstream oil and gas regulator SKK Migas said. The first development phase of the Rantaubais field in Rokan block…
BP, on behalf of the Tangguh production sharing contract partners in Indonesia, said Thursday that the first cargo of liquefied natural gas (LNG) produced by the new third liquefaction train at the Tangguh LNG facility, in Papua Barat, Indonesia…
A recent ownership shakeup at two major Indonesian gas projects has injected renewed hope in the country's upstream gas sector, as the country hopes to tap into its rich hydrocarbon resources amid global energy transition, but barriers remain…
Indonesia hopes the recent exit of global giants Shell and Chevron from two long-delayed natural gas projects will jumpstart their development, as it races to more than double gas production by 2030.The Masela and Indonesia Deepwater Development (IDD) projects…
PT Bumi Pratiwi Hulu Energi (Prima Energi), an Indonesian-based upstream oil company, has acquired full ownership of the Northwest Natuna Production Sharing Contract (PSC) via its purchase of AWE (AAL) NZ, AWE Northwest Natuna and AWE Holdings Singapore…
Shell and Chevron's agreements to sell stakes in major Indonesian gas projects to Pertamina, Petronas and Eni ENI.MI will unleash development at the fields, enabling the country to boost its flagging output, the buyers said.Indonesia has seen…
The lifting of oil and gas in Indonesia between January and June fell below target due to unplanned shutdowns and delays in starting projects, upstream regulator SKK Migas said on Tuesday.Crude oil lifting stood at 615,500 barrels per day (bpd)compared with 660…
Russian oil and gas firm Zarubezhneft plans to sell its stake in Indonesia's Tuna gas project, the upstream regulator said on Tuesday, after its British partner said sanctions were complicating their joint development.Zarubezhneft is partnering British firm Harbour Energy…
Indonesia plans to offer 10 oil and gas working areas this year, including a block in the South China Sea, amid efforts to boost energy production and make new discoveries, a senior energy ministry official said on Monday.In 2022, Indonesia…
Indonesia's oil and gas lifting last year came in below target due to unplanned shutdowns and maturing blocks, but exploration and production investment is poised to take off, the country's upstream regulator SKK Migas said on Wednesday.Indonesia's crude oil lifting stood at 612…
Indonesian state energy firm Pertamina is still discussing its plans to participate in the Abadi liquefied natural gas (LNG) project with the country's upstream oil and gas regulator, officials said on Tuesday. Indonesia has been seeking an…
Indonesia has approved the first plan of development for the Tuna offshore gas field with total estimated investment of $3.07 billion up to the start of production, upstream oil and gas regulator SKK Migas said on Monday.The Tuna field, located in the South China Sea between Indonesia and Vietnam…