Pertamina News

 

Inpex Submits Revised Abadi LNG Plan with Carbon Capture and Storage Component

Apr 04, 2023

Japanese oil company Inpex has submitted a revised development plan for Abadi LNG project in Indonesia, incorporating a carbon capture and storage (CCS) component, on behalf of the INPEX-Shell joint venture.Inpex has amended the plan of development to include plans to neutralize all carbon dioxide (CO2) emitted from natural gas production at the Abadi offshore gas field through the introduction of CCS…

Indonesia Invites Oil Firms to Set Up Carbon Capture Facilities

Mar 10, 2023

Oil and gas companies operating in Indonesia are being encouraged to install carbon capture facilities in their working areas, the Energy Ministry said on Friday.The resource-rich country, which is also one of the world's biggest greenhouse gas emitters…

Indonesia Awards Exploration Contracts for Three Oil and Gas Blocks

Feb 22, 2023

Indonesia has appointed several firms to conduct exploration of three oil and gas blocks, which include units of state energy company Pertamina and Italy's Eni, the energy ministry said on Wednesday. The blocks are namely Peri Mahakam, Sangkar…

Indonesia to Offer 10 Oil and Gas Blocks in 2023, Including in South China Sea

Jan 30, 2023

Indonesia plans to offer 10 oil and gas working areas this year, including a block in the South China Sea, amid efforts to boost energy production and make new discoveries, a senior energy ministry official said on Monday.In 2022, Indonesia…

Indonesia's 2022 Oil, Gas Lifting Below Target, but Investment Rising

Jan 18, 2023

Indonesia's oil and gas lifting last year came in below target due to unplanned shutdowns and maturing blocks, but exploration and production investment is poised to take off, the country's upstream regulator SKK Migas said on Wednesday.Indonesia's crude oil lifting stood at 612…

Pertamina Still Discussing Plan to Take Over Shell's Abadi LNG Stake

Jan 17, 2023

Indonesian state energy firm Pertamina is still discussing its plans to participate in the Abadi liquefied natural gas (LNG) project with the country's upstream oil and gas regulator, officials said on Tuesday. Indonesia has been seeking an…

Indonesia Eyes IPOs at Two Pertamina Units Next Year

Dec 07, 2022

Indonesia aims to launch initial public offerings for the upstream and geothermal units of state firm energy Pertamina next year to fund expansion, a senior government official told parliament on Wednesday. Pertamina Hulu Energi, the upstream unit of Pertamina…

Petronas Wants to Join Abadi LNG project - Indonesian regulator

Nov 16, 2022

Malaysian state oil and gas company Petronas has expressed interest in participating in Indonesia's takeover of Shell's stake in the Abadi LNG project, Indonesia's upstream oil and gas regulator told a parliamentary hearing on Wednesday.The…

Biden Unveils Investments in Indonesia Carbon Capture, Transport

Nov 14, 2022

U.S. President Joe Biden on Monday announced a number of investments in Indonesia spanning areas like climate and food security, including a $2.5 billion agreement between ExxonMobil and state-owned energy company Pertamina on carbon capture…

Indonesia's Pertamina to Explore Green Hydrogen Projects with Keppel, Chevron

Nov 11, 2022

Indonesia's state-owned energy firm Pertamina will explore the development of green hydrogen and ammonia projects in the country, along with Singapore-based Keppel Infrastructure and global oil major Chevron as part of a joint study agreement signed on Thursday…

Pertamina Says Gas Output Improves at Mahakam Block

Oct 26, 2022

Natural gas output at Indonesia's Mahakam block rose to 590 million standard cubic feet per day (mmscfd) in October, the state energy company Pertamina said on Wednesday, as the operator boosted drilling.Once a major gas-producing block, output at Mahakam dropped to 505 MMSCFD earlier this year…

Shell to Invest in Second Offshore Oil, Gas Project in a Month

Oct 03, 2022

Shell announced a second investment in Malaysia's oil and gas sector in a month as the major and its partners, including Petronas, aim to revive output in an environment of tight global supply.Shell's decisions come after the war in Ukraine disrupted Russian oil and gas supplies and boosted prices…

Indonesia: Pertamina's H1 Oil, Gas Output Rises to 965,000 BOEPD

Aug 08, 2022

Indonesia's state energy company Pertamina's production of oil and gas stood at 965,000 barrels of oil equivalent per day (BOEPD), up from 850,000 BOEPD in the same period last year, the company said on Monday.Pertamina posted bigger production after boosting drilling activities…

Indonesia Set to Miss 2022 Oil and Gas Lifting Targets

Jul 15, 2022

Indonesia's oil and gas lifting in the first half was below expectations due to disruption in some facilities and delayed projects, putting it on course to miss full-year 2022 targets, officials at upstream regulator SKK Migas said on Friday…

PTTEP Becomes Official Operator of Erawan, Bongkot Offshore Fields

Apr 25, 2022

Thai oil and gas company PTTEP has become the official operator of the G1/61 offshore block, containing the Erawan, Platong, Satun, and Funan fields, as well as the G2/61 project, containing the Bongkot field, offshore Thailand.Back in December 2018…

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