Indonesia ///

Indian tycoon plans to invest $2.5 billion in Brazil oil and gas

Videocon Industries Ltd., an Indian maker of consumer electronics with ambitions to become a major energy producer, plans to invest as much as $2.5 billion over three years in Brazilian oilfields, Chairman Venugopal Dhoot said.

Indonesia joins line for Iran oil amid talks to rejoin OPEC

Indonesia is seeking a long-term oil supply deal with Iran in anticipation of a possible end to sanctions against the Persian Gulf nation over its nuclear program.

Petronas reports first oil from Indonesia’s Bukit Tua field

Petronas has reached a significant milestone in its upstream operations in Indonesia with first oil achieved from Bukit Tua field on May 17.

GE, Pertamina to partner in developing drilling solutions

GE has signed a Memorandum of Understanding with Pertamina Drilling Services Indonesia to cooperate in developing integrated solutions for oil, gas and geothermal equipment and services.

Statoil bags new license offshore Indonesia

Statoil has been awarded new exploration acreage through the Aru Trough I license offshore Indonesia.

Italy’s Eni reports success in Indonesia, Libya

Eni has completed post-drilling studies on the Merakes-1 gas find, in Indonesia’s deepwater East Sepinggan Block, which indicate significant upside gas potential. Eni is the operator of the block with an 85% interest.

Premier Oil announces first gas from Indonesia's Pelikan field

Premier Oil started gas production from Pelikan field in the Natuna Sea Block A, offshore Indonesia, on Monday.

Oil and gas in the capitals

Jeff Moore, Contributing Editor

Southeast Asian nations develop “coping strategies” for oil price downturn

TAM International strengthens Asia and Middle East management teams

TAM International has recently hired Scott Myers as Middle East Manager and Edward Wharam as Country Manager for Indonesia and Malaysia.

Asia Pacific set for renewed interest in exploration, Wood Mackenzie says

The fall in oil prices has set the tone for a challenging 2015, says Wood Mackenzie, which will affect E&P activity across Asia Pacific’s (APAC) entire upstream sector.

BP to relinquish 'risky' exploration blocks offshore Indonesia

BP has decided to hand back two exploration licenses in the Arafura Sea, offshore Indonesia, after deeming them high risk.