Category Archives: Indonesia
Medco to buy Ophir Energy in 391m pound deal
Stefanno Reinard Sulaiman The Jakarta Post Jakarta / Thu, January 31, 2019 / 10:37 am Medco Energi Global, a subsidiary of oil and gas giant Medco Energi International, reportedly clinched a deal on Wednesday to take over the … Continue reading
WoodMac: Asia-Pacific oil and gas industry set for rebound
HOUSTON, Oct. 15 10/15/2018 By OGJ editors The Asia-Pacific’s oil and gas industry looks set to rebound over the next 12 months as rising demand, stronger commodity prices, and an uptick in merger and acquisition activity bring greater confidence to the … Continue reading
Ophir planning gas field tieback in offshore Madura PSC
LONDON – Ophir Energy has closed its acquisition from Santos of various producing assets in Southeast Asia. Chief among these are the Premier-operated Chim Sao/Dua oil field in the Natuna Sea off Vietnam and the Madura Offshore and Sampang PSCs offshore Indonesia. Madura Offshore and … Continue reading
Chevron exits Indonesia’s Makassar Strait block: regulator
Wilda Asmarini JAKARTA (Reuters) – Chevron will exit the Makassar Strait gas block in the Indonesia Deepwater Development (IDD) offshore natural gas project to focus on more promising areas in the venture, Indonesian officials said on Wednesday. Indonesia’s energy minister … Continue reading
INPEX commissions Abadi offshore pre-FEED studies
18-June-2018, Offshore Staff YOKOHAMA, Japan – INPEX Masela has awarded a consortium of Chiyoda International Indonesia (CII) and PT Synergy Engineering (Synergy) a pre-front-end engineering design contract for the Abadi LNG project in Indonesia. This covers the subsea umbilicals, risers, and flowlines (SURF) and … Continue reading
First Tangguh jacket sails offshore Indonesia
11-June-2018, Offshore Staff LONDON – A 1,900-metric ton (2,094-ton) steel jacket has departed the Karimun yard in Indonesia for BP’s Tangguh expansion complex offshore Papua Barat province, Indonesia. This was the first major piece of hardware for the development. On arrival at the offshore … Continue reading
Mubadala confirmed as operator of offshore Aceh PSC
25-May-2018, Offshore Staff ABU DHABI, UAE – Mubadala Petroleum has signed a production-sharing contract (PSC) for Andaman I, as awarded by the government of Indonesia under the country’s 2017 License Round. The company is also a partner to operator Premier Oil in the … Continue reading
Eni gains further PSC in gas-rich basin offshore Indonesia
05/04/2018 SAN DONATO MILANESE, Italy – Indonesia’s government has awarded Eni a 100% operated interest in the East Ganal deepwater exploration block in the Kutei basin. This is a new “gross split” production-sharing contract (PSC) covering 5,100 sq km (1,969 sq mi) and … Continue reading
Indonesia sanctions deepwater Merakes gas tieback
04/19/2018 SAN DONATO MILANESE, Italy – Indonesia’s Energy Minister has approved Eni’s development plan for the Merakes gas field offshore East Kalimantan. Merakes, which holds estimated in-place resources of around 2 tcf, is in 1,500 m (4,921 ft) water depth in the East … Continue reading
Mubadala Petroleum signs production sharing contract for Indonesian gas field
The pact has the potential to unlock a new gas play for domestic consumption The National April 9, 2018 Updated: April 10, 2018 02:56 PM Mubadala Petroleum, a subsidiary of the Abu Dhabi strategic investment firm Mubadala Investment Company, has … Continue reading
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