Indonesian government today, May 17, launched a licensing round for 21 oil and gas exploration blocks, in an effort to improve chances of increasing the production of oil and natural gas nationwide. The authorities have classed 19 blocks as conventional and two as unconventional areas. Of the blocks offered, 17 are located in offshore areas, mainly in [...]
Japan’s Inpex has announced it has reached agreement to transfer a 15% participating interest in the Babar Selaru Block (The Block), Offshore Indonesia, to PT Pertamina Hulu Energi Babar Selaru, a subsidiary of PT Pertamina (Pertamina). This transaction is subject to the satisfaction of certain conditions, including Indonesian Government approval. The Block is located 1,400km southwest of Saumlaki City in [...]
AWE Limited reports that a second successful Drill Stem Test (DST) has been conducted at the Lengo-2 appraisal well, offshore Indonesia, achieving a maximum gas flow rate of 21.2 million standard cubic feet per day (mmscf/d). Two further cores have been cut in the Kujung I reservoir from 757m to 784m (2,485 to 2,571 ft) recovering an estimated 24m [...]
Wood Group Kenny in Indonesia (PT. Wood Group Indonesia) has been awarded a multi-million dollar, three-year general engineering services contract by ConocoPhillips Indonesia Inc. Ltd. to support all of its pipelines and related facilities in Indonesia. Jakarta-based Wood Group Kenny Indonesia will carry out concept engineering, pre-FEED (front end engineering and design), FEED and detailed [...]
AWE Limited reports that at 0600 hours yesterday local East Java time (0900 hours Sydney) the Lengo-2 appraisal well, offshore Indonesia, was at a measured depth (MD) of 757m (2,485 ft), running in hole with a core assembly in preparation for cutting a second 27.5m (90 ft) of core in the primary objective Kujung 1 carbonate reservoir. To [...]
Transocean, one of the world’s largest offshore drilling contractors, yesterday announced that it has secured a contract for its newbuild, ultra-deepwater drillship, Deepwater Asgard. The Swiss-based company revealed the information in its fleet status report, without providing information on who the client was, but only said it was a major integrated international oil company. Under the agreement, [...]
Salamander announces the spud of the Bedug-1 exploration well in the Bontang PSC. Salamander has a 100% operated interest in the Bontang PSC offshore Indonesia. The Bedug-1 well will be drilled to a depth of approximately 2,050 m total vertical depth sub-sea (‘TVDSS’) and is targeting gas and oil pay in both Upper Miocene and [...]
The Indonesian Minister of Energy, Jero Wacik, and Eni’s CEO, Paolo Scaroni, met today in Jakarta to discuss Eni’s activities in the country. During the meeting, Paolo Scaroni updated the Minister of Energy on the progress of ongoing projects, which are considered strategic for both Eni and the Indonesian Republic. In particular, Paolo Scaroni has [...]
Salamander Energy plc announces that the North Kendang-1 exploration well (“NK-1″) in its operated South East Sangatta PSC, off Indonesia, has been suspended as a potential gas discovery. The rig is now being mobilised to the Bontang PSC to drill the Bedug-1 exploration well, the third well in Salamander’s multi-well programme in the North Kutei [...]
Mermaid Maritime Public Company Limited announces that its subsidiary MTR-2 Ltd. has secured a contract award with an international upstream oil and gas company to provide drilling and related services using the tender drilling rig ‘MTR-2’ for the Client’s offshore oil and gas fields in Indonesia. The Contract is scheduled to commence end of April [...]
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