Indonesian National Oil Co. (Pertamina)
Transactions
ConocoPhillips Completes $1.75 Billion Sale Of Algeria Business
ConocoPhillips Completes $1.75 Billion Sale Of Algeria Business
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News
Energy Transition Demands Like Asking ‘Homeless to Diet,’ Global E&Ps Say
Oil and gas company executives from West Africa, Indonesia and Brazil said at the World Petroleum Congress the energy transition has one finish line, but many different starting points.
Japan's Inpex Submits Revised Development Plan for Abadi LNG Project
Japan's biggest oil and natural gas explorer, Inpex, submitted the revised plan of development on behalf of its joint venture with Shell after amending it to include plans to neutralize all CO2 emitted from natural gas production at the Abadi gas field through CCS.
Indonesia's 2022 Oil Lifting Miss Target, Hopes Stalled Projects to Resume
Indonesia's 2023 crude oil lifting target is at 660,000 bbl/d and LNG production at 204-206 cargoes, up from last year's 196 cargoes.
Pertamina Still Discussing Plan to Take Over Shell's Abadi LNG Stake
Indonesia has been looking for an investor to obtain Shell's 35% stake in the Masela gas project for years.
Energy Transition in Motion (Week of Nov. 11, 2022): Advancing Projects, Investment
Here’s a look at some of this week’s renewable energy news.
Occidental Petroleum Reportedly Nearing $4.5 Billion Asset Sale
Pertamina is negotiating the acquisition of Occidental's oil and gas stakes in countries including Ghana and the United Arab Emirates, a report said, citing people with knowledge of the matter.
Halliburton Wins Digital Transformation Contract In Indonesia
Pertamina, the largest Indonesian oil and gas company, deployed all of their petro-technical applications on iEnergy cloud, a hybrid cloud offering from Landmark, a Halliburton business line, which manages operators’ E&P applications.
Pertamina Lines Up New Drilling Plan For Mahakam Block
The project, which will be implemented by PT Pertamina Hulu Mahakam, is estimated to cost about US$1.5 billion.
Pertamina Lines Up EOR Projects For Aging Fields
The company will use surfactant polymer injection in the Tanjung Field to pump oil from reservoirs that can’t be extracted through the conventional methods.
Indonesia Agrees To Extend Corridor Natural Gas Block Contract For 20 Years
The existing contract will expire in December 2023, and the ministry has agreed to extend the contract by 20 years to 2043.
Indonesia Prioritizes ConocoPhillips' Bid In Race For Corridor Block
ConocoPhillips is currently operator of the block, with a 54% participating interest. Repsol and Indonesian national upstream company Pertamina own 36% and 10%, respectively.
Indonesia's Major New Gas Find May Delay Arrival Of Output Deficit
If the new find at the group's Kali Berau Dalam-2 well shows good results, Indonesia may be able to push back the current estimate for when it has a natural gas deficit, or when consumption is greater than domestic supply, from 2025.