Thursday, October 10, 2024

Risks & Opportunities

Risk and opportunities scanning of every sector
Opportunity & Risk
PT PLN (Persero) and PT PLN Energi Primer Indonesia (PLN EPI) have signed a memorandum of understanding (MoU) to utilize company-owned land for the construction of gas infrastructure. […]
PT Pertamina Cepu, a subsidiary of upstream oil and gas company PT Pertamina Hulu Energi (PHE), discovered gas potential in the Tedong (TDG)-001 well located in North Morowali, Central Sulawesi. With a gas content of 15 million cubic feet per day (MMSCFD), and 185 barrels of condensate per day (BCPD). […]
Wavin, a plastic pipe manufacturing company from the Netherlands, has put Rp825 billion (US$52.6 million) investment in Indonesia to establish a production facility in the Batang Integrated Industrial Estate, Central Java, making it the country’s first production facility in the Southeast Asia Region. […]
Minister of Investment, Rosan P. Roeslani, officiated the initial production at PT KCC Glass Indonesia’s facility in the Batang Integrated Industrial Zone (KIT), Central Java. The factory represents a significant milestone in Indonesia’s glass manufacturing sector. […]
The Ministry of Energy and Mineral Resources (ESDM) has planned to proceed with the construction of the Dumai-Sei Mangkei gas transmission pipeline in Sumatra and target its completion in 2027. […]
PLN Nusantara Power (PLN NP), in partnership with PLN Energi Primer Indonesia (PLN EPI) on Tuesday, October 1, 2024, set up collaboration with three regional administrations to utilize critical land for sowing biomass that will be used to generate coal-fired power plants (PLTU) and to provide training on multifunctional plants to local communities. […]
The Ministry of Transportation aims to complete the feasibility study for the extension of the Jakarta-Bandung high-speed rail (HSR) to Surabaya by the end of this year. This extension could pave the way for construction to begin under the upcoming administration of President Prabowo Subianto and Vice President Gibran Rakabuming Raka. […]
PT Tripatra Engineers and Constructors (Tripatra) has invested in the development of biofuel ecosystem technology and infrastructure, playing an active role in the development of biofuels, including building production and distribution plant facilities. […]
Contractor of Cooperation Contract (KKKS) Medco E&P Natuna Ltd has revealed that the construction of floating production storage and offloading (FPSO) Marlin Natuna has been completed that will later be used to accommodate 10 thousand bpd oil from the Forel Project in Natuna, Riau Islands. […]
Bahlil Lahadalia, Minister of ESDM)inaugurated the first welding of the Cirebon-Semarang (Cisem) gas transmission pipeline project phase 2 on September 30, 2024. Which cost US$ 177.5 million and led by the consortium of PT Timas Suplindo – PT Pratiwi Putri Sulung. […]
State-owned aluminum producer PT Indonesia Asahan Aluminium (Inalum) plans to construct anUS$2 billion (Rp30.37 trillion) aluminum smelter with a capacity of 600,000 tons in Mempawah, West Kalimantan. […]
State-owned toll road operator PT Jasa Marga (JSMR) has joined forces with three major construction companies to set up PT Bogor Serpong Infra Selaras, a toll road business entity (BUJT), that will develop the Bogor-Serpong toll road via Parung aimed at enhancing connectivity at neighboring West Java and Banten provinces. […]
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. […]
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, 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). […]
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). […]
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). […]
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. […]
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. […]
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. […]
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. […]
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, 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, markiing a significant step towards advancing renewable energy in the country. […]
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. […]
The Indonesian Palm Oil Association (GAPKI) has deemed the European Union to be no longer a strategic market for Indonesian palm oil products, as exports to Europe have significantly declined, citing the export volume of CPO and its derivatives to Europe now accounts for only 12 percent of the total export volume. […]
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) is optimistic that the United Arab Emirates’ Mubadala Energy can expedite the development of gas potential in the South Andaman block, similar to ENI, which has recently secured approval for its Plan of Development (POD). […]
State-owned fertilizer producer PT Pupuk Indonesia plans to construct two methanol plants in two provinces by 2030 as part of the effort to support the government’s accelerated implementation of the B50 program. […]
State-owned fertilizer producer PT Pupuk Indonesia is set to develop the world’s first hybrid green ammonia project in collaboration with two Japanese corporations − ITOCHU Corporation (ITOCHU) and Toyo Engineering Corporation (TOYO). […]
PT Merlion Sejahtera Group, a subsidiary of Hong Kong-based Merlion Resources Holdings Ltd., is set to invest a massive Rp129 trillion (US$8.3 billion) in Cirebon Regency, an investment expected to significantly boost local economy and create thousands of job opportunities for the community. […]
Japanese electric vehicle (EV) charging station provider, Terra Charge, plans to establish 1,000 public EV charging stations across Indonesia by 2025, supporting the country’s ambitious push towards sustainable transportation. […]