Business and Investment
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Medco E&P begins first gas flow from West Belut project
Medco E&P Natuna Ltd (Medco E&P) officially started the first gas flow, or onstream, from the West Belut Project in the South Natuna Sea Block B on Wednesday, September 11, 2024.
PGE-PLN IP to form joint venture for geothermal power plant development
PT Pertamina Geothermal Energy (PGE) and PT PLN Indonesia Power (PLN IP) are set to form a joint venture to integrate co-generation technology in the development of a 230 MW geothermal power plant (PLTP).
Sinarmas Group to build cutting-edge data center in Jakarta
Sinarmas Group, in partnership with LG CNS Co Ltd, has planned to construct an advanced data center in Kuningan, South Jakarta, with a project value of Rp4.7 trillion (US$300 million).
Government plans US$10.8 billion Bali LRT project with South Korean investors
The Indonesian government is planning to build a Light Rail Transit (LRT) system in Bali, with a project value of US$10.8 billion (Rp167 trillion).
TotalEnergies-RGE secure approval to supply 1GW Solar Power to Singapore
The Energy Market Authority (EMA) of Singapore has granted Conditional Approval (CA) to TotalEnergies and Royal Golden Eagle RGE (RGE) to supply 1.0 gigawatt (GW) of solar photovoltaic (PV) power from Indonesia to Singapore through their joint venture, Singa Renewables Pte Ltd (Singa).
SKK Migas-Sinopec forge strategic partnership for Indonesia’s energy future
Indonesia’s Upstream Oil and Gas Regulatory task Force (SKK Migas) has struck a deal with China’s state-owned oil and gas company, Sinopec, to enhance Indonesia’s upstream oil and gas sector through advanced technologies and innovative approaches.
Indonesia expands coal downstreaming with China partnership
Ministry of Energy and Mineral Resources (ESDM) has offered coal downstreaming development projects to China, marking a significant step in the country’s commitment to reducing greenhouse gas emissions.
Bahlil asks Chinese investors to invest in renewable energy projects in Indonesia
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, invited Chinese businesses to invest in Indonesia's renewable energy sector, highlighting projects such as the Kayan and Mamberamo hydropower plants.
Sinopec collaborates with Pertamina to boost oil, gas production in Indonesia
State-owned Chinese oil and gas company Sinopec is scheduled to visit Indonesia this month to explore the application of new technologies aimed at enhancing oil and gas production in the country, primarily on the application of enhanced oil recovery (EOR) technology to boost output in five key fields operated by Pertamina.
PT Pertamina Energy Terminal advances phase two of Tuban LPG terminal project
A subsidiary of State-owned company PT Pertamina International Shipping (PIS), PT Pertamina Energy Terminal, has reported progress in the second phase of constructing its liquified petroleum gas (LPG) refrigerated terminal in Tuban, East Java.
ACEN-Barito Renewables partner to accelerate wind energy development in Indonesia
ACEN, a public energy company from Philippine-based Ayala group, has partnered with PT Barito Renewables Energy to accelerate the development of wind energy projects across Indonesia, marking a significant step towards advancing renewable energy in the country.
President Jokowi inaugurates Indonesia’s most expensive dam in West Java
President Joko “Jokowi” Widodo on Thursday, August 29, 2024 inaugurated the Rp3.5 trillion (US$226 million) Leuwikeris Dam in Tasikmalaya, West Java, considerably the most expensive dam built during his presidency.