WorldOil Sonoro Energy reports arrival of drilling rig in West Sulawesi, Indonesia Sonoro Energy has announced that the drilling rig from PT Advanced Services Indonesia (ASI) has mobilized from Balikpapan, sailed across the Makassar Strait, and is now moored and being unloaded in the Indonesian province of West Sulawesi. Whatever happened to Indonesia's mighty oil and gas industry? Once a cornerstone of the economy, Indonesia’s oil and gas sector is in a slump, even as the country’s appetite for energy soars. Indonesia seeks Chevron, ConocoPhillips proposals in investment push Indonesia wants Chevron Corp. and ConocoPhillips to submit proposals to renew their licenses to operate oil and gas fields as the former OPEC member seeks to reverse a decline in energy investments. CNOOC announces start of production at BD gas field in Indonesia CNOOC Limited has announced that BD gas field in Indonesia has already commenced production. Jadestone Energy withdraws from Bone PSC, offshore Indonesia Jadestone Energy Inc. has announced, in line with the Company’s strategy, its withdrawal from the Bone production sharing contract offshore Indonesia, a further key step in releasing the company from non-strategic exploration assets. Eni starts production from Jangkrik Project, offshore Indonesia 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. Former OPEC member's Byzantine rules seen shooing away explorers 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. Indonesia bets on $200-billion investment to boost energy output 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. Pence hails $10 billion in Indonesia deals, from Exxon to GE 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. Hansa Heavy Lift transports subsea equipment for offshore gas fields in Indonesia 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.