Tag Archives: pertamina

Indonesia changes production-sharing terms

HOUSTON, Jan. 20 01/20/2017 By OGJ editors The government of Indonesia has implemented new production-sharing terms for oil and natural gas. The Ministry of Energy and Mineral Resources issued regulations for the new “gross-split contract,” which is based on gross … Continue reading

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Amec Foster secures services contract for $5bn Cilacap refinery upgrade project in Indonesia

EBR Staff Writer Published 21 July 2016 Amec Foster Wheeler has received contract from PT Pertamina (Persero) and Saudi Aramco for upgrade and expansion of the 348,000 barrels per day Cilacap refinery in Central Java. Under the contract, Amec Foster … Continue reading

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Amec Foster Wheeler to undertake BED study for Cilacap Refinery upgrade project

24 May 2016 Amec Foster Wheeler Energy Limited has secured an engineering and project management services contract from PT Pertamina (Persero) and Saudi Aramco, to conduct a basic engineering design (BED) study for the joint Cilacap Refinery upgrade project. This … Continue reading

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JGC Clinches $240M EPC Contract to Build Gas Processing Plant in Aceh

PRESS RELEASE by JGC Corp. Friday, April 01, 2016 Japan’s JGC Corporation reported Friday that its unit JGC Indonesia, jointly with PT. Encona Inti Industri, has been awarded an engineering, procurement and construction (EPC) contract for the construction of a gas … Continue reading

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Pertamina starts preparations for Mahakam gas block

Raras Cahyafitri, The Jakarta Post, Jakarta | Business | Wed, February 24 2016, 8:21 AM – State-owned oil and gas firm Pertamina has begun preparations for the operation of the gas-rich Mahakam block, which it will take over late next … Continue reading

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TOTAL TO CUT SPENDING ON INDONESIA’S MAHAKAM BLOCK BY 42% IN 2016

Jakarta (Platts)–24 Dec 2015 207 am EST/707 GMT   France’s Total plans to cut its spending in Indonesia’s giant but aging Mahakam gas block by 42% to $1.1 billion next year from $1.9 billion this year due to lower oil … Continue reading

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Indonesia seeks LNG investment

Wed 28 Oct 2015 by Karen Thomas Indonesia is stepping up its search for foreign investment, both to unlock its domestic gas reserves and to create the infrastructure it needs to supply LNG to its many outlying islands. Officials told … Continue reading

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