#Energy
SKK Migas, TIS Petroleum join hands in High CO2 Content Gas commercialization
The Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) has joined forces with TIS Petroleum E&P Blora Pte. Ltd., a contract partner, to complete the Early Production Facility (EPF) project in the RBG Block-I within the Blora Working Area, East Java.
Pertamina collaborates with KNOC to develop Rig-to-CCS technology
Pertamina has set up a partnership with the Korea National Oil Corporation (KNOC) to develop Rig-to-CCS (carbon capture storage) technology. Rig-to-CCS involves repurposing decommissioned offshore oil platforms into carbon capture and storage facilities.
ESDM collaborates with BRIN for mineral exploration
The Ministry of Energy and Mineral Resources (ESDM) has entered into a collaboration with the National Research and Innovation Agency (BRIN) for the inventory, exploration, and preparation of mining business license areas (WIUP) and state reserve areas (WPN) for radioactive minerals, rare earth metals, and other minerals.
United Tractors completes acquisition of geothermal company
PT United Tractors (UT), Astra Group's heavy equipment, construction, and energy company, continues to explore new business potentials as it is completing the acquisition of a geothermal power generation company, PT Supreme Energy.
Chinese investor leads US$ 22 million funding for Swap Energi
China-based investor Qiming Venture Partners is leading a series of funding round for electric battery startup Swap Energi, raising US$ 22 million (IDR 341 billion) in the process. Other participating investors include GGV Capital and Ondine Capital.
Pertamina NRE's EBT electricity production grows 18% in 2023
Pertamina New & Renewable Energy (Pertamina NRE) has managed to record good operational performance throughout 2023 where the production of clean energy-based electricity generation amounted to 5.5 million MWh (unaudited). This is an increase by 18 percent from the same period last year of 4.7 million MWh.
SKK Migas, Premier Oil Andaman Ltd. begin Gayo-1 well drilling
The Upstream Oil and Gas Regulatory Task Force (SKK Migas), in collaboration with Premier Oil Andaman Ltd, has initiated the drilling of the Gayo-1 well exploration in the Andaman II Working Area (WK) on Sunday. The decision for this drilling was influenced by the significant findings in the Andaman II WK in 2022.
BP initiates tender for Tangguh LNG development in West Papua
The British oil and gas company has launched the prequalification of project management consultancy (PMC) services for the Ubadari field execution phase, gas recovery or carbon capture enhancements, utilization and storage, as well as onshore compression for the Tangguh Block at Bintuni Bay, West Papua.
Ministry: Coal gasification temporarily halted awaiting New Investor
The Ministry of Energy and Mineral Resources (ESDM) has announced on temporary termination of the coal downstreaming project, or coal gasification, into Dimethyl Ether (DME) in Indonesia following the withdrawal of a US-based petrochemical company from the consortium innvolving PT Bukit Asam Tbk (PTBA) and PT Pertamina (Persero).
LNG Abadi Masela project resumed with US$ 20.9 billion investment
Inpex Masela Ltd, the operator of the Abadi Masela gas field project, held the ceremonial kick-off of the LNG Abadi Masela Project Management Team (PMT) on December 28, 2023.
Indonesia's Eastern Region emerges as a promising hub for oil and gas exploration
The potential for oil and gas (O&G) in Indonesia's eastern region remains highly promising, making it a key contributor to the nation's future O&G production targets.
Pertamina Hulu Mahakam to commence new oil and gas well drilling in Mahakam Block
PT Pertamina Hulu Mahakam (PHM), a subsidiary of PT Pertamina Hulu Indonesia (PHI), is set to initiate drilling for new oil and gas wells in the Mahakam Block, East Kalimantan.