Tag Archives: SKKMigas

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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Saipem Bags 2 Contracts for Indonesia’s Tangguh LNG Expansion Project

by  Rigzone Staff |Thursday, July 28, 2016 Italy’s Saipem reported Thursday that the company has bagged two contracts for onshore and offshore work on the Tangguh liquefied natural gas (LNG) Expansion Project in Indonesia’s Papua Barat Province from operator BP Berau … Continue reading

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BP to Invest in Tangguh Expansion Project (Train 3)

04 July 2016 London-based BP, one of the world’s leading oil and gas companies, submitted its final investment development decision to expand the Tangguh liquefied natural gas (LNG) facility (the Train III project) in West Papua, Indonesia. According to a … Continue reading

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Indonesia rejects Inpex’s mega floating LNG project, wants to stay onshore

Wed Mar 23, 2016 10:26am GMT REUTERS * President says onshore plan to bring more economic benefits * Unclear if Inpex, Shell will be involved in new plan * Onshore facility to be built in eastern province of Maluku (Adds … Continue reading

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Chevron says will not extend contract to operate Indonesia oil and gas block

Tue Jan 19, 2016 3:15am EST REUTERS JAKARTA: Chevron will not extend its contract to operate the East Kalimantan oil and gas block in Indonesia, the U.S. energy giant said on Tuesday, as plunging crude prices hit producers around the … Continue reading

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ConocoPhillips, Chevron seek to sell stakes in Indonesia oil and gas block

Fri Dec 11, 2015 5:17am EST REUTERS JAKARTA: U.S.-listed energy giants ConocoPhillips (COP.N) and Chevron Corp (CVX.N) plan to sell their interests in a key oil and gas block in Indonesia and the government has received written requests for the same, … Continue reading

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Minority Stake for Total and Inpex in Indonesia’s Mahakam Oil-Gas Field

By BEN OTTO and DEDEN SUDRAJAT WSJ, Updated June 19, 2015 6:36 a.m. ET Pertamina granted 70% control of field that accounts for a quarter of Indonesia’s gas output JAKARTA, Indonesia—Indonesia will grant state-owned Pertamina 70% control of its giant Mahakam oil-gas … Continue reading

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