Indonesia
Article
February 2019
Rising oil supplies and falling prices in second-half 2018 constrained global drilling, but activity should post a measured gain in 2019. Virtually all the global oil production increase is due to U.S. shale activity.
Article
January 2019
Indonesian oil and gas development has seen some difficult times.
Article
January 2019
As it prepares to set up shop in Oklahoma’s flagship shale plays, Encana Corp. is experiencing a measure of deja vu.
Article
January 2019
Total—alongside partners CNOOC Limited (45%), Petrobras (16%) and Nigerian National Petroleum Corp. (15%)—has begun producing from Egina field, about 93 mi off the coast of Nigeria.
Article
May 2018
On April 3, Vietnamese state firm, PetroVietnam, issued the following and unusually blunt statement on its website: “The East Sea is forecast to continue to have uncertainty this year...affecting the company’s efforts to attract foreign investors to invest in its open offshore fields.”
Article
February 2018
With E&P on the mend, major breakthroughs are underway
News
May 15, 2017
Eni has started gas production from the Jangkrik Development Project, in deep water offshore Indonesia, ahead of schedule. The project comprises the gas fields Jangkrik and Jangkrik North East, located in the Muara Bakau block, Kutei basin, in the deep water of Makassar Strait.
News
May 11, 2017
Red tape, rising costs and declining crude prices are throttling exploration in Indonesia, the former OPEC member that now produces less oil than it uses.
News
April 25, 2017
Indonesia plans to overhaul its energy policy to attract investment of as much as $200 billion over the next decade as the former OPEC member seeks to reverse a decline in its crude oil production.
News
April 21, 2017
Vice President Mike Pence announced 11 major deals valued at more than $10 billion between U.S. and Indonesian companies, mostly in energy and defense.
News
April 11, 2017
Hansa Heavy Lift has successfully transported two dozen reels, as well as a range of subsea equipment for the Jangkrik Complex Project, off the coast of Indonesia.
News
March 13, 2017
Jadestone Energy acquires Ogan Komering PSC
News
March 01, 2017
Saudi Arabian Oil Co expanded its ownership of refineries and petrochemical plants in Indonesia and Malaysia with investments totaling $13 billion as it prepares for what may be the biggest ever initial public offering by bulking up its business in Asia, its largest market.
Article
February 2017
With a dense population and, therefore, a growing energy demand, Southeast Asia relies heavily on the oil and gas industry. This urgency has given rise to the region’s E&P efforts during an industry downturn, as producers have been forced to contend with low prices and aging fields.
News
January 20, 2017
Proserv has already secured new contracts worth more than $12 million so far this year and has revealed plans for further international growth with new bases in Saudi Arabia and India.
