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Final Investment Decision on Donggi-Senoro LNG Project in Indonesia
Mitsubishi Corporation (MC) is pleased to announce that the final investment decision (FID) on the Donggi-Senoro LNG (DSLNG) project in Indonesia was made. The project, for the construction and operation of a natural gas liquefaction facility (LNG plant), is being spearheaded by PT Donggi-Senoro LNG (PT DSLNG), a company 51% owned by MC. Total cost is estimated to be approximately 2,800million USD (230 billion JPY). Indonesia has the largest natural gas reserves in Southeast Asia and is the world’s third largest LNG exporter. The DSLNG project will be Indonesia’s fourth LNG project and the second involving MC, after the Tangguh project.

date.png24 Jan 2011 07:12 | comments.png 0 Comments | tags.png indonesia lng mitsubishi pertamina [ More ]

Government Approval of the Development Plan of the Abadi Gas Field
INPEX CORPORATION (INPEX) is pleased to announce today that the Plan of Development (POD) for the Abadi gas field in the Masela Block, the Arafura Sea, Indonesia, was approved by the Indonesian Government. The project has been undertaken by INPEX Masela, Ltd., a subsidiary of INPEX, as the operator, and its project partner PT EMP Energi Indonesia (EMPI), a subsidiary of PT Energi Mega Persada Tbk. The approved POD envisions the adoption of the Floating LNG (liquefied natural gas) for an optimal method for the commercial development.

date.png21 Dec 2010 09:39 | comments.png 0 Comments | tags.png flng indonesia inpex lng upstream [ More ]

Marathon Announces Bravo-1 Exploration Well Results in Deepwater Indonesia
Marathon Oil Corporation (NYSE: MRO) announced today the results of the deepwater Bravo-1 well drilled in the northeastern portion of the Pasangkayu production sharing contract (PSC) area offshore the island of Sulawesi in the Makassar Strait, Indonesia. Marathon, through its wholly owned subsidiary Marathon International Petroleum Indonesia, is operator and holds a 70 percent working interest in the Bravo-1 well.

date.png14 Dec 2010 06:37 | comments.png 0 Comments | tags.png indonesia marathon upstream [ More ]

BP Awarded Exploration Block in Indonesia
Following an announcement last week by the Government of Indonesia last week, BP confirmed today that it has been awarded a 100 per cent interest in the North Arafura oil and gas production sharing contract (PSC) in onshore Papua Province. The PSC was signed today in Jakarta by representatives of the Government and BP.

date.png26 Nov 2010 14:00 | comments.png 0 Comments | tags.png bp exploration indonesia [ More ]

Santos Wortel project in Indonesia approved for development
Santos today announced the final investment decision approving development of the Wortel gas project, located offshore Madura Island in the Sampang PSC, East Java, Indonesia.

date.png26 Nov 2010 12:27 | comments.png 0 Comments | tags.png gas indonesia offshore santos upstream [ More ]

Foster Wheeler Awarded Contract for Floating LNG Receiving Terminal in Indonesia
Foster Wheeler AG (Nasdaq: FWLT) announced today that its Global Engineering and Construction Group has been awarded a contract by Perusahaan Gas Negara (PGN) a leading state owned enterprise and public listed company in natural gas business in Indonesia for the provision of project management consultancy (PMC) services for a new floating LNG receiving terminal (the "Medan Floating LNG Terminal" facility) to be built in Medan, North Sumatra, Indonesia.

date.png02 Nov 2010 14:17 | comments.png 0 Comments | tags.png contract foster-wheeler indonesia lng [ More ]

INPEX signs Heads of Agreement with PT Nusantara Regas
INPEX CORPORATION (INPEX) announced today that INPEX and its partner Total E&P Indonesie, operator of the Mahakam PSC, signed a Heads of Agreement with PT Nusantara Regas pertaining to the supply of 11.75 million tons of Bontang LNG over the period of 2012-2022 to the West Java LNG terminal, the first LNG receiving terminal to be built in Indonesia (Floating Storage Regasification Unit). PT Nusantara Regas is a joint venture between PT. Pertamina (Persero) and PT. PGN (Persero) Tbk. This Heads of Agreement will be followed by an LNG Sale and Purchase Agreement to be executed in 2011 prior to the start-up of deliveries.

date.png26 Oct 2010 10:51 | comments.png 0 Comments | tags.png bontang indonesia inpex lng total [ More ]

Indonesia: Total Acquires Interest in the Sebuku License Offshore Kalimantan
Total announces the signature of an agreement with Pearl Oil (Sebuku) Ltd (“Pearl”), a subsidiary of Mubadala Development Company PJSC, to acquire a 15% interest in the Sebuku license, in which the Ruby gas discovery was made. Under the terms of the agreement, Pearl Oil, as operator, will retain a 70% interest, Inpex holding further 15%.

date.png01 Oct 2010 08:06 | comments.png 0 Comments | tags.png indonesia total upstream [ More ]

Inpex - Participation in the Sebuku Block, offshore East Kalimantan, Indonesia
INPEX CORPORATION is pleased to announce that through its wholly owned subsidiary, INPEX South Makassar, Ltd. (INPEX), it has been granted the approval of the Indonesian Government to acquire a 15% participating interest in the Sebuku Block from Pearl Oil (Sebuku) Limited* (Pearl Oil).

date.png01 Oct 2010 05:49 | comments.png 0 Comments | tags.png indonesia inpex upstream [ More ]
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