UK valve specialist BEL Valves has secured its first CCUS contract, a multi-million-pound deal to supply equipment for Indonesia’s first Carbon Capture, Utilisation and Storage project.
Eni has taken the Final Investment Decisions (FIDs) for the Gendalo and Gandang gas project (South Hub) and for the Geng North and Gehem fields (North Hub), only 18 months after the approval of the Projects of Development (PODs) in 2024.
SLB, an energy technology company, has been awarded multiple offshore drilling services contracts by Mubadala Energy, the Abu Dhabi headquartered international energy company, for the Tangkulo natural gas deepwater development and associated exploration and appraisal drilling activities in the Andaman Sea, offshore Indonesia.
Eni announces a gas discovery in the Konta-1 exploration well, drilled in the Muara Bakau PSC, in the Kutei Basin, about 50 km off the coast of East Kalimantan in Indonesia. Estimates indicate 600 billion cubic feet (Bcf) of gas initially in place (GIIP) with a potential upside beyond 1 trillion cubic feet (TCF).
Mubadala Energy, the Abu Dhabi headquartered international energy company, and PLN Energi Primer Indonesia (PLN EPI), a subsidiary of Indonesia’s energy and electricity supplier, have signed a Heads of Agreement (HoA) to supply gas from its gas fields in the Andaman Sea.
Mubadala Energy has made significant progress on the Tangkulo gas project in the Andaman Sea. Front End Engineering Design and Long Lead Item contracting are ahead of schedule, with the Plan of Development expected by Q4 2025 and first gas by Q4 2028.
AIQ, an Abu Dhabi-based AI company, has partnered with Indonesia's Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) to implement its Reservoir Performance Advisor (RPA) module from the Advanced Reservoir 360 (AR360) platform in Indonesia's upstream oil and gas operations.
EDGE, one of the world’s leading advanced technology and defence groups, has signed a landmark cooperation agreement worth $7 billion with Republikorp, Indonesia's leading defence holding company, to establish localised defence manufacturing in the South East Asian country.
TechnipFMC has been awarded a substantial integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Eni for the deepwater Maha project offshore Indonesia.
Indonesia is forging ahead with its plan to make biodiesel containing 50 per cent palm oil-based biofuel, or B50, mandatory in 2026 in a bid to lower gasoil imports, its energy minister said.
