Indonesia ///

ADNOC, Pertamina ink partnership for Indonesian infrastructure and LNG supply

The agreements signed with Pertamina and Chandra Asri will potentially help ADNOC to secure additional in-market presence in one of Southeast Asia’s fastest-growing economies, enabling new domestic value-creation opportunities across the hydrocarbon chain.

Pertamina leadership overhauled in effort to reduce Indonesian oil imports

Indonesian President Joko Widodo ordered an overhaul of the management of state-owned oil giant PT Pertamina, as the former OPEC member seeks to reduce crude oil imports to rein in the current-account deficit.

Interra Resources spuds first Indonesian well

Interra Resources has started drilling its first onshore well in Kuala Pambuang (KP-1), southern Central Kalimantan, following the successful completion of feasibility and technical data studies.

Betting on $100 oil, Indonesian driller plans to triple output

Medco’s strategy is based on the view that a dearth of exploration and strong aviation and petrochemical demand will push crude prices above $100/bbl in a decade or so.

ADNOC and Petramina expand partnership exploring new upstream, downstream opportunities

ADNOC and Petramina signed a Comprehensive Strategic Framework to explore opportunities for collaboration across the oil and gas value chain in the United Arab Emirates, Indonesia and globally.

Inpex submits revised POD for Indonesia's Abadi LNG project

Inpex Corp. has announced that through its subsidiary Inpex Masela, Ltd, it has submitted to Indonesian government authorities (the authorities) a revised Plan of Development (POD) for the Abadi LNG Project.

Inpex agrees on framework for $20-billion Indonesian LNG project

Japan’s Inpex Corp. agreed on a framework with Indonesia for the $20-billion Abadi liquefied natural gas project, a key step toward reaching final investment for one of the world’s biggest export ventures.

Frames to supply hydraulic control systems for Merakes field tie-back

Oil and gas process equipment supplier, Frames, has been awarded a contract to supply TechnipFMC with the hydraulic control systems for subsea wells and subsea isolation valves in Eni's Merakes field tie-back to the existing Jangkrik Floating Production Unit in offshore East Kalimantan, Indonesia.

TechnipFMC awarded sizeable EPCI contract for Eni Merakes field, offshore Indonesia

TechnipFMC has been awarded a large integrated engineering, procurement, construction, transportation and installation (iEPCI) contract by Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 4,921 ft (1,500 m).

Conrad Petroleum gets approval for Mako development plan, offshore Indonesia

Conrad Petroleum Limited, the operator of Duyung PSC, announced that its development plan for the Mako gas field has been approved by Indonesia’s Ministry of Energy and Mineral Resources.

Repsol makes significant gas discovery in Indonesia

SKK Migas has confirmed a gas discovery at the Repsol-operated Sakakemang PSC, onshore Central Sumatra, Indonesia, according to Wood Mackenzie's research director Andrew Harwood.

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.

GE announces investment in Indonesia’s oil and gas sector

GE has announced that it will invest up to $1 billion in the power, oil and gas, and healthcare sectors to support Indonesia’s accelerated economic growth.

Indonesia said to be on course to rejoin OPEC in December

Indonesia is on track to resume full OPEC membership in December after a break of almost seven years, according to three people familiar with the matter.