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.
