Indonesia
News
November 18, 2025
TechnipFMC has landed a substantial iEPCI™ contract for Eni’s Maha deepwater project offshore Indonesia—the first use of Subsea 2.0® technology in the country and a new tieback to the Jangkrik FPU.
News
October 17, 2025
Inpex CEO Takayuki Ueda says Indonesia is pressing to accelerate the $20 billion Abadi LNG development as domestic and regional gas demand surges. The project, targeting 9.5 MMtpa of LNG capacity, remains on track for a 2027 FID despite cost and design challenges.
News
August 26, 2025
Baker Hughes has secured a comprehensive 90-month service agreement award from bp for its Tangguh LNG plant in Indonesia. The agreement covers spare parts, repair services, and field service engineering support for critical turbomachinery at the facility.
News
August 26, 2025
EnQuest along with its joint venture partners and the Government of Indonesia have signed Production Sharing Contracts (PSCs) for the Gaea and Gaea II exploration blocks, located in Papua Barat, Indonesia.
News
August 19, 2025
Indonesia Energy Corp. (IEC) has signed an MOU with Aguila Energia e Participações Ltda. (AEP). The MOU establishes a collaborative framework for the companies to evaluate and pursue potential oil and gas opportunities in Brazil.
News
August 15, 2025
MedcoEnergi has recorded a reduction of more than 1.5 million tons of Scope 1 and 2 greenhouse gas (GHG) emissions compared to its 2019 baseline. This amount surpasses the company’s 2025 target of 1.08 million tons CO₂e.
News
August 12, 2025
Indonesia will continue diplomatic talks with Malaysia over the oil-rich blocks in disputed waters instead of pursuing legal action, according to a senior official.
News
May 14, 2025
Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia. The field will contribute up to 100 MMscfd of gas or approx. 18,000 boed to Eni’s production. This startup is another example of fast-track development as the field was brought on production approximately two years from FID.
News
January 14, 2025
Indonesia Energy Corporation (IEC) announced that IEC senior management will hold an investor update conference call on Tuesday, Jan. 21 to provide an update on future drilling and development plans, including a new planned reserve report.
News
November 26, 2024
The contract, worth approximately $1.2 billion, covers the development of offshore facilities for natural gas production, CO2 capture, utilization, and storage (CCUS) as part of the Tangguh UCC project.
News
November 26, 2024
bp and its partners have approved a $7 billion investment in the Tangguh Ubadari, CCUS, and Compression (UCC) project in Papua Barat, Indonesia. The development is expected to unlock around 3 trillion cubic feet of additional gas resources, aiming to meet the rising energy demand in Asia.
News
August 23, 2024
Eni has received approval from Indonesian authorities for the development of two major gas fields, Geng North and Gehem, in the Kutei basin. The approval includes a 20-year extension for the Ganal and Rapak licenses.
News
August 23, 2024
BP Berau Ltd. (bp) and Chubu Electric Power have expanded their collaboration to explore a carbon capture and storage (CCS) value chain between Japan's Port of Nagoya and the Tangguh field in Papua Barat, Indonesia.
News
July 02, 2024
Under the terms of contract, ABL can be called on to provide rig assurance, equipment focused inspections, drilling readiness peer reviews, client representation and technical risk assessments.
News
May 16, 2024
PETRONAS, Malaysia's state-owned oil and gas company, has secured a 20-year extension for the Ketapang Contract Area located in the Java Sea.
News
May 14, 2024
This latest discovery adds further volumes to the area, bringing the total in-place resources to 11 trillion cubic feet (Tcf) since Harbour Energy's initial Timpan discovery in 2022.
News
May 13, 2024
Utilizing a new Drill Stem Test (DST) design, the well successfully flowed 47 MMcfd of excellent gas quality and 1,300 bbl of condensate. Although testing was constrained by testing facilities, the estimated well capacity is 80-100 MMcfd and over 2,000 bbl of condensate.
News
April 02, 2024
CEO of Prima Energy Northwest Natuna, Pieters Utomo, emphasized that PENN will continue to commit to the development of the AAL oil field until reaching production by the end of 2026, with a production target of 20,000 bopd.
News
February 05, 2024
During a meeting with Indonesian President Joko Widod, Eni CEO Claudio Descalzi disclosed plans following significant milestones in 2023, notably the discovery of 5 Tcf of natural gas with the Geng North-1 well in the North Ganal PSC, the acquisition of the Indonesia Deepwater Development assets from Chevron, and the further consolidation of Eni’s position in most of the key exploration and production blocks of the Kutei basin following the acquisition of Neptune Energy.
News
January 05, 2024
PC Ketapang II Ltd. (PCK2L), a subsidiary of PETRONAS, has secured the 20-year extension of the Production Sharing Contract (PSC) for the Ketapang Working Area, located in the Java Sea.
News
December 19, 2023
The well encountered an extensive natural gas column with a thickness of over 230 m in an Oligocene sandstone reservoir. The well successfully flowed over 30 MMcfgd of excellent gas quality.
