Pertamina News

 

Pertamina Still Discussing Plan to Take Over Shell's Abadi LNG Stake

Jan 17, 2023

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 Eyes IPOs at Two Pertamina Units Next Year

Dec 07, 2022

Indonesia aims to launch initial public offerings for the upstream and geothermal units of state firm energy Pertamina next year to fund expansion, a senior government official told parliament on Wednesday. Pertamina Hulu Energi, the upstream unit of Pertamina…

Petronas Wants to Join Abadi LNG project - Indonesian regulator

Nov 16, 2022

Malaysian state oil and gas company Petronas has expressed interest in participating in Indonesia's takeover of Shell's stake in the Abadi LNG project, Indonesia's upstream oil and gas regulator told a parliamentary hearing on Wednesday.The…

Biden Unveils Investments in Indonesia Carbon Capture, Transport

Nov 14, 2022

U.S. President Joe Biden on Monday announced a number of investments in Indonesia spanning areas like climate and food security, including a $2.5 billion agreement between ExxonMobil and state-owned energy company Pertamina on carbon capture…

Indonesia's Pertamina to Explore Green Hydrogen Projects with Keppel, Chevron

Nov 11, 2022

Indonesia's state-owned energy firm Pertamina will explore the development of green hydrogen and ammonia projects in the country, along with Singapore-based Keppel Infrastructure and global oil major Chevron as part of a joint study agreement signed on Thursday…

Pertamina Says Gas Output Improves at Mahakam Block

Oct 26, 2022

Natural gas output at Indonesia's Mahakam block rose to 590 million standard cubic feet per day (mmscfd) in October, the state energy company Pertamina said on Wednesday, as the operator boosted drilling.Once a major gas-producing block, output at Mahakam dropped to 505 MMSCFD earlier this year…

Shell to Invest in Second Offshore Oil, Gas Project in a Month

Oct 03, 2022

Shell announced a second investment in Malaysia's oil and gas sector in a month as the major and its partners, including Petronas, aim to revive output in an environment of tight global supply.Shell's decisions come after the war in Ukraine disrupted Russian oil and gas supplies and boosted prices…

Indonesia: Pertamina's H1 Oil, Gas Output Rises to 965,000 BOEPD

Aug 08, 2022

Indonesia's state energy company Pertamina's production of oil and gas stood at 965,000 barrels of oil equivalent per day (BOEPD), up from 850,000 BOEPD in the same period last year, the company said on Monday.Pertamina posted bigger production after boosting drilling activities…

Indonesia Set to Miss 2022 Oil and Gas Lifting Targets

Jul 15, 2022

Indonesia's oil and gas lifting in the first half was below expectations due to disruption in some facilities and delayed projects, putting it on course to miss full-year 2022 targets, officials at upstream regulator SKK Migas said on Friday…

TGS in Extensive Seismic Data Reprocessing Project in Indonesia

Jan 10, 2022

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…

Pertamina, ExxonMobil Exploring Carbon Capture Storage in Indonesia

Nov 02, 2021

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…

Malaysia's Kimanis Oil Exports Hit by Issue at Shell Offshore Field

Sep 16, 2021

Exports of Malaysia's flagship crude oil Kimanis will fall in October and November after a production issue at an offshore oilfield operated by Royal Dutch Shell, three sources with knowledge of the matter said.Petroleum Brunei, one of the stakeholders…

JPMorgan to Exclude Petronas, Pertamina from EM ESG Index

Jun 16, 2021

Malaysian state-owned energy company Petronas and Indonesian counterpart Pertamina are on a watchlist for removal from JPMorgan’s ESG EMBI index, the bank said in a statement on Tuesday.JPMorgan said both oil majors 'are expected to exit the…

Eni to Tie Maha 2 Discovery to Jangkrik FPU

Jun 07, 2021

Italian oil and gas company Eni has said it has successfully drilled and tested the Maha 2 appraisal well offshore Indonesia, and will most likely tie it to the Jangkrik floating production unit.The well is located in West Ganal block offshore Kalimantan…

Eni Starts Gas Production at Merakes Project off Indonesia

Apr 27, 2021

Italian supermajor Eni said it has commenced gas production from the deepwater Merakes project, located in the East Sepinggan block in the Makassar Strait, offshore East Kalimantan, Indonesia.The development sits in approximately 1,500 meters water depth in the Kutei Basin…

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