#Energy
Revision of Ande-Ande Lumut oil field development plan approved
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) along with Contractor Cooperation Contract (KKKS) Prima Energy Northwest Natuna Pte. Ltd. (PENN) has concluded discussions on the revision of the plan of development (PoD) I for the Ande-Ande Lumut (AAL) oil field. The revised PoD has been approved by Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif on March 5, 2024.
Vale to soon obtain 20-year contract extension
The process of issuing a special mining business license (IUPK) for PT Vale Indonesia (INCO) is nearing completion. The document for the 20-year contract extension will be processed by the Ministry of Investment.
ASEAN's largest gas steam power plant to commence operations
The Jawa-1 Gas Steam Power Plant (PLTGU) with a capacity of 1760 MW is ready to operate in full swing after undergoing a series of tests such as plant reliability run & net dependable capacity test.
Indonesia embraces green hydrogen for sustainable transportation future
Indonesia is on the cusp of a groundbreaking shift towards embracing green hydrogen as a pivotal component of its transportation sector, with forecasts pointing to significant adoption commencing in 2030.
SKK Migas signals positive outlook for ONWJ cost recovery migration
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has signaled a positive outlook regarding the planned transition of the Offshore North West Java (ONWJ) Block contract scheme. This transition, from a gross split to cost recovery model, is poised to unlock new opportunities for investment, development, and growth in Indonesia's oil and gas sector.
Pertamina Patra Niaga ventures into methanol products for Dumai Industrial Zone
PT Pertamina Patra Niaga, a subsidiary of state-owned energy giant Pertamina, is expanding its horizons by diversifying its portfolio to include methanol products.
PLN pioneers LNG infrastructure development in Nusa Tenggara
PT PLN Energi Primer Indonesia (PLN EPI) has embarked on a transformative journey aimed at revolutionizing Indonesia's energy landscape through the development of midstream liquefied natural gas (LNG) infrastructure in the Nusa Tenggara region.
PLN Energi Primer Indonesia prepares gasification of Sulawesi-Maluku cluster plants
State electricity company PT PLN, through its subholding PLN Energi Primer Indonesia (EPI), prepares power plant gasification program in support of the government’s Net Zero Emissions (NZE) target, through the development of Liquefied Natural Gas (LNG) midstream infrastructure in the Sulawesi-Maluku region.
Petrochemical megaproject at risk of stalling, GDP contribution in jeopardy
The Indonesian Olefin, Aromatic, and Plastic Industry Association (Inaplas) has warned that the petrochemical megaproject is at risk of stalling, with the national GDP contribution of Rp41 trillion (US$2.8 billion) per year could be at stake if there is no continuation of a specific natural gas price program (HGBT).
Tsingshan Group to build battery factory in Weda Bay
Tsingshan Holding Group Co.'s business unit, the world's top nickel producer, plans to build a battery factory in Indonesia as part of China's latest investment efforts to boost the Southeast Asian country's economy by downstreaming raw commodities.
Mubadala Energy explores 2nd exploration well in South Andaman
The Contractor Partnership Contract (KKKS), Mubadala Energy RSC Ltd., has completed drilling the second exploration well in the South Andaman Working Area (WK), Tangkulo-1 Well on Sunday, March 24 2024).
PLN Indonesia Power-China Energy Engineering develop green energy in Sulawesi
State electricity company PT. PLN, through its sub-holding PLN Indonesia Power, and China Energy Engineering Group Co., Ltd (CEEC) have signed a Joint Development Study Agreement (JDSA) for exploration of green energy development in Sulawesi.