#Energy
Production up as liquid debottlenecking project in Mahakam Block begins
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) along with the contractor cooperation contract (KKKS) PT Pertamina Hulu Mahakam (PHM) have successfully carried out the onstream Project SWP-G LLP Liquid Debottlenecking in the Mahakam Working Area, East Kalimantan, on April 21, 2024.
PLN-Huawei to develop innovation center, boost foundation for energy transition
State electricity company PT PLN continues to undertake digital-based corporate transformation and development of electricity system technology in line with energy transition measures among others through the development of Joint Innovation Center (JIC) in collaboration with PT Huawei Tech Investment.
BritCham survey reveals high confidence on Indonesia’s investment landscape
The International Business Confidence Index (BCI) 2024 survey, conducted by the British Chamber of Commerce in Indonesia (BritCham), has highlighted Indonesia's positive trajectory as an investment destination.
SKK Migas awaits proposal for Husky-CNOOC Madura Limited Contract extension
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) is awaiting the submission of a proposal for the extension of the Madura Strait contract, also known as the Madura Straits PSC.
Global consulting, investment firms showcase green investment potential in SE Asia
Reports from global consulting, business intelligence and investment firms − Bain & Company, GenZero, Standard Chartered, and Temasek − have identified 13 most potential decarbonization investments in Southeast Asia, amounting to US$150 billion (Rp2.434 trillion).
Pertagas, PHE explore gas compressor utilization to reduce production costs
PT Pertamina Gas (Pertagas) and PT Pertamina Hulu Energi (PHE) have entered into a collaboration to explore the utilization of gas compressors for PHE's operational and production needs.
Two Medco oil and gas projects to beonstream by October 2024
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) is pursuing two strategic projects by Medco E&P Natuna Ltd, namely Forel and Bronang, for onstream production by October this year.
Pertamina-ExxonMobil CCS project investment to be decided by 2026
The Coordinating Ministry for Maritime Affairs and Investment has announced that the final investment decision (FID) for the carbon capture and storage (CCS) project in the Sunda-Asri Basin area, offshore Southeast Sumatra, will be made no later than 2026.
SKK Migas blames Covid-19, old facilities for drop in oil production
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has revealed the reason for drop in the country’s oil production, blaming the Covid-19 pandemic and old facilities as the culprit.
Pertamina signs strategic partnership with Eni to boost national energy security
Indonesian State energy company PT Pertamina took a significant step towards enhancing the country's energy security by signing a Memorandum of Understanding (MOU) with Eni SpA in the Netherlands on Friday, April 19, 2024.
Renewable energy acceleration creates 96,000 jobs in coal-producing regions
Indonesia has the potential to create 96 thousand jobs by increasing the capacity of clean energy and reduce the dependence on fossil fuels in coal-producing regions in East Kalimantan, South Kalimantan and South Sumatra.
ESDM minister: Buton has 5 billion barrel oil potential
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has asked State energy company PT Pertamina to develop the oil prospect in Buton, an offshore field in Southeast Sulawesi.