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.
Eni has signed two binding agreements to sell 10 per cent interests in selected Indonesian upstream assets to state-owned Pertamina and energy company Medco, following the launch of Searah, its 50/50 joint venture with Petronas.
