Indonesia ///

New powerhouse sees plays “taking off” in 2019

Jim Redden, Contributing Editor

As it prepares to set up shop in Oklahoma’s flagship shale plays, Encana Corp. is experiencing a measure of deja vu.

Eni reports Merakes East gas discovery, offshore Indonesia

Eni successfully drilled and tested the Merakes East prospect in East Sepinggan block, offshore Kalimantan, Indonesia.

Eni approves the investment plan for Merakes development project in Indonesia

Eni will start with the execution of the Merakes development project in Indonesia following the approval received by the Minister of Energy of Indonesia and the authorization for the investment plan sanctioned by the company’s board of directors.

Ampelmann inks two new contracts in Asia Pacific

Dutch multinational Ampelmann has secured two new contracts in the Asia Pacific region. Two A-type systems have made their way to India and Indonesia, respectively, and will enable both short- and long-term Walk to Work (W2W) operations.

Santos completes sale of non-core Asian assets

Santos announced in May 2018 the sale of its non-core Asian portfolio to Ophir Energy plc. Santos has advised that completion of the sale of the producing assets has occurred.

Oil and gas in the capitals

Jeff Moore, Contributing Editor

On April 3, Vietnamese state firm, PetroVietnam, issued the following and unusually blunt statement on its website: “The East Sea is forecast to continue to have uncertainty this year...affecting the company’s efforts to attract foreign investors to invest in its open offshore fields.”

Santos announces sale of non-core Asian assets

Santos today announced the sale of its non-core Asian portfolio to Ophir Energy plc (Ophir) for $221 million.

Eni approves development plan for Merakes discovery, offshore Indonesia

Eni announced the approval of a development plan for the Merakes field, offshore East Kalimantan, Indonesia.

Add Energy, PT Synergy Engineering secure maintenance build contract for Tangguh LNG expansion

Add Energy, the international energy consultancy provider, in partnership with their Indonesia partner, PT Synergy Engineering, have been awarded a maintenance build contract for work on Tangguh LNG expansion project in Indonesia.

EMGS enters into prefunded multi-client contract in Indonesia

Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA (EMGS) on Nov. 16, 2017, wherein it was announced that EMGS had received Letters of Intent for two contracts under which EMGS will perform prefunded multi-client acquisitions offshore Indonesia.

EMGS announces two multi-client surveys offshore Indonesia

Electromagnetic Geoservices ASA (EMGS) has announced that it has received Letters of Intent for two contracts under which EMGS will perform prefunded multi-client acquisitions offshore Indonesia.

Oil & Gas in the Capitals

Jeff Moore, Contributing Editor

Big E&P projects advance in Vietnam and Indonesia; Chinese intimidation continues

Sonoro Energy spuds LG-1 up-dip well in Indonesia

Sonoro Energy Ltd. has announced that drilling has begun at its LG-1 Up-dip appraisal well in Indonesia.

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.