Norwegian marine seismic data company TGS on Monday announced a project designed to help drive exploration across the South Makassar and North East Java regions of Indonesia.The company said that processing has begun on the East Java Sea 2D-cubed project…
A disruption at a gas well in Indonesia's Merakes gas field is likely to affect gas production for longer than expected, an official at the country's oil and gas regulator said on Monday.The issue, caused by a sand blockage, had been expected to be dealt with early this month November…
Indonesian state-owned oil and gas company PT Pertamina and American energy giant Exxon Mobil Corp signed an agreement on Tuesday to look at ways to use carbon capture storage (CCS) in the Southeast Asian country.A memorandum of understanding…
A disruption at a gas well in Indonesia's Merakes gas field is likely to affect the project's production for as long as six months, an official at the country's oil and gas regulator said on Thursday.The disruption, caused by a sand blockage…
Indonesia has cut its oil and gas production targets for this year, officials at industry regulator SKK Migas told reporters on Tuesday, as the coronavirus pandemic impacted new projects.The oil lifting target for 2021 was cut to 665,000 barrels per day (bpd) from an earlier target of 705…
Australia has passed legislation that could set a precedent for who pays to clean up the fossil fuel industry in Asia, making former owners of oil and gas fields responsible for the costs of dismantling facilities if later owners fail.The new…
Indonesian oil and gas regulator SKK Migas has approved the Plan of Development (POD) for the Ubadari gas field and Vorwata Carbon Capture Utilization and Storage (CCUS) project, as the next stage of development at the Tangguh LNG project in Papua Barat…
Italian oil and gas company Eni said Thursday it had signed an agreement with SKK Migas for cooperation on exploration activities in Indonesia. The memorandum of understanding defines the framework for further cooperation in the processing and…
Indonesia's first-quarter crude oil and natural gas liftings missed their targets because of technical issues at wells and postponements at a liquefied natural gas (LNG) project, data from upstream oil and gas regulator SKK Migas showed on Monday…
Italy's Eni is expected to take over the Indonesian Deepwater Development (IDD) project as operator Chevron sells its interest in the gas venture, the chairman of the country's upstream oil and gas regulator said on Wednesday.Chevron confirmed…
Indonesian oil and gas regulators have approved the plan of development of the Paus Biru offshore gas field in the East Java Basin.The field is located in the Medco-operated Sampang offshore block, in the Madura Strait, off Madura Island, Indonesia…
Indonesia's natural gas price cap is affecting the development of gas projects as contractors are being disincentivized, an official at oil and gas regulator SKK Migas said on Thursday.The energy ministry in April lowered the price of natural…
Indonesia's oil and gas lifting in the first half of this year was lower than targeted as the coronavirus pandemic continued to dampen demand, the chairman of regulator SKK Migas said Friday.Oil lifting in January to June stood at 713,300 barrels per day (bpd) while gas lifting stood at 5…
Indonesia expects gross revenue from oil and gas to fall to between $18.7 billion to $22.31 billion next year, the chairman of upstream oil and gas regulator SKK Migas told parliament on Thursday.Oil prices of $40, $45 or $50 per barrel would produce gross revenue of $18…
Indonesia's upstream oil and gas regulator SKK Migas will ask the Transport Ministry to exempt the sector from its ban on air and sea travel to reduce disruptions to drilling operations, an official at the regulator said on Friday.To curb the…