Indonesia ///

Proserv awarded significant subsea control system contract from Premier Oil

Energy services company Proserv has been awarded a multi-million-dollar contract with Premier Oil for work in Asia-Pacific.

Indonesia's expiring production licenses valued at $10 billion

In a recent report, Indonesia’s expiring PSCs: $10 billion of potential upstream value, Wood Mackenzie valued Indonesia's expiring oil and gas production licenses or production sharing contracts (PSCs) at close to $10 billion.

Oil and gas in the capitals

Jeff Moore, Contributing Editor

Indonesia has a new oil and gas strategy

GE Oil & Gas wins contract for third train at BP's Tangguh LNG facility

GE Oil & Gas has been awarded a contract to supply gas turbine-driven compressors for a third natural gas liquefaction train for the Tangguh expansion having provided the original equipment for Trains 1 and 2 when the plant was first established.

Ophir starts production from Indonesia’s Kerendan field

Ophir Energy, a UK-based independent, has commenced commercial production from Kerendan field in Indonesia.

GE Oil & Gas awarded field decommissioning contract for project offshore Indonesia

GE Oil & Gas subsidiary, PT. VetcoGray Indonesia, has been awarded a field decommissioning contract with Premier Oil Indonesia, to support the shutdown of four subsea wells in Anoa field, offshore Indonesia.

Dril-Quip wins $40-million subsea contract

Dril-Quip’s wholly owned subsidiary Dril-Quip Asia Pacific Pte Ltd, in conjunction with its local representative, was awarded a contract in late June valued at approximately $40 million to supply subsea drilling and production equipment and related services to Kangean Energy Indonesia Ltd., a contractor for SKK Migas.

BP approves expansion of Indonesia’s Tangguh LNG facility

BP, on behalf of Tangguh Production Sharing Contract partners, announced that the final investment decision (FID) has been approved for the development of the Tangguh Expansion Project in the Papua Barat Province of Indonesia.

AWE conducts successful DST at appraisal well offshore Indonesia

AWE Limited has been advised by Santos, as Operator, that a successful Drill Stem Test (DST) has been conducted on the G Sand reservoir at the AAL-4XST1 appraisal well, offshore Indonesia, achieving an averaged stabilized flow rate of 828 bopd on a 64/64-in. choke over a 9-hr period.

Mermaid secures six subsea projects in Asia

Seascape Surveys Pte. Ltd. and PT Seascape Surveys Indonesia, subsidiaries of Mermaid Maritime Public Company Limited, have been awarded six different subsea projects in Asia with an estimated aggregate contract value of $15 million.

Cue discovers oil onshore Kutai basin, Indonesia

Cue Energy Resources Limited advises that the Naga Selatan-2 well (NS-2) has discovered oil and is currently being suspended to allow for future production testing.

Total signs long-term agreements to supply LNG to Indonesia’s Pertamina

Total has signed long-term sale and purchase agreements with Pertamina for the supply of LNG volumes over a period of 15 years beginning in 2020.

Exxon Mobil starts Banyu Urip central processing facility in Indonesia

Exxon Mobil has started the onshore central processing facility at Banyu Urip field in Indonesia, helping increase production to more than 130,000 bopd.

Introducing the new OPEC member that likes lower oil prices

After defending the interests of oil- exporting nations for five decades, OPEC has made a surprising choice with its newest member: a country that consumes about twice as much crude as it pumps.

Haze cuts Indonesia's oil production as pollution affects workers

Indonesia’s forest fires are cutting the country’s crude oil production and briefly shut a BP Plc gas plant this month, in the first signs the haze pollution is affecting industry.

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.

CGG completes depth imaging of Banda Arc survey offshore Indonesia

CGG announced Wednesday that all four phases of its BandaSeis 2D BroadSeis multi-client program targeting the Banda Arc around East Indonesia and Timor Leste have now been fully processed and are ready for delivery.

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.

INPEX revises development plan for Abadi LNG project offshore Indonesia

INPEX Corp. has submitted a revised plan of development (POD) for Abadi gas field in the Masela Block, Arafura Sea, Indonesia, as a result of a greater volume of natural gas reserves being confirmed, among other factors.

Vallianz inks new contracts worth up to $458 million

Vallianz Holdings Limited has signed new contracts valued up to $458 million that has lengthened the charter duration for 19 of its offshore support vessels (OSV) currently deployed to an existing customer in the Middle East, which is one of the world’s largest national oil companies (the NOC).