May 11, 2017
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.
April 25, 2017
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.
April 21, 2017
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.
April 11, 2017
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.
March 01, 2017
Saudi Arabian Oil Co expanded its ownership of refineries and petrochemical plants in Indonesia and Malaysia with investments totaling $13 billion as it prepares for what may be the biggest ever initial public offering by bulking up its business in Asia, its largest market.
January 20, 2017
Proserv has already secured new contracts worth more than $12 million so far this year and has revealed plans for further international growth with new bases in Saudi Arabia and India.