Petronas Indonesia plans major expansion, says country head
Petronas, the Malaysian state-owned energy company, plans to expand "aggressively" in Indonesia. It will create a hub in East Java for its operations and invest in exploration of Indonesia's remote eastern regions. The new government of Indonesian President Prabowo Subito…
Shell Indonesia Ramps up Lubricant Production
Just over one year from the start of its operations, Shell’s newest lubricant oil blending plant (LOBP), located in Marunda Centre, near Jakarta, Indonesia, has more than doubled its production slate and is now producing 99 different products.
7 Million Tonnes of Indonesian LNG Uncommitted for 2017 Delivery
There are currently 63 uncommitted cargoes of liquefied natural gas (LNG) for 2017 delivery from Indonesia's Tangguh and Bontang projects, Wiratmaja Puja, the country's Director General of Oil and Gas, said on Thursday. "We are still oversupplied…
Indonesia Turns to Floating Power Stations
Indonesia's president launched the first of five new floating power stations on Tuesday, to serve as a stop gap for the country's growing demand for power amid sluggish development of land-based plants. Southeast Asia's largest economy…
BP Quits Indonesian Blocks on Risk Concerns
UK-listed energy giant BP has decided to relinquish two exploration blocks to Indonesia, after a survey of the blocks found them to be high risk, the company said on Friday. "Following the result of the 3D seismic evaluation, earlier…
Arun LNG to Ship Final Cargo
Indonesia's Arun liquefied natural gas (LNG) project in Aceh in northern Sumatra has stopped producing the super-cooled fuel as it switches to being a receiving and regasification terminal, an official from the plant said on Tuesday.
Eni Awarded Arguni I Exploration License, Indonesia
In the 2nd Indonesian International Bid Round 2010, Eni has been awarded the 100% participation interest and operatorship of Block Arguni I located on and offshore in the West Papua Province, Eastern Indonesia. The Block Arguni I covers an area of 5…
