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Category: Indonesia

  • $20 billion Asian LNG project moves forward with environmental clearance

    $20 billion Asian LNG project moves forward with environmental clearance An environmental approval is paving the way for the development of a liquefied natural gas (LNG) project in Indonesia’s Masela block, which is expected to play a significant role in Asia’s energy security. The post $20 billion Asian LNG project moves forward with environmental clearance…

  • SLB lines up offshore drilling work on Asian deepwater gas project

    SLB lines up offshore drilling work on Asian deepwater gas project U.S.-headquartered technology player SLB has landed multiple deals for offshore drilling services at a gas development off the coast of Indonesia with the UAE-based Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi. The post SLB lines…

  • Government reshuffle aims to turn PT PAL into Indonesia’s shipbuilding engine

    Government reshuffle aims to turn PT PAL into Indonesia’s shipbuilding engine Indonesia is revamping its state-owned shipbuilding sector, bringing it all under one roof, while tapping state-run lines to order domestically.  PT PAL Indonesia, the nation’s top state-owned shipbuilder, will become a holding company for all government-owned shipyards under the plans unveiled yesterday. The policy…

  • Japan’s MHI prolongs research collaboration on ammonia-based clean power in Indonesia

    Japan’s MHI prolongs research collaboration on ammonia-based clean power in Indonesia Japanese major Mitsubishi Heavy Industries (MHI) and Indonesia’s Institut Teknologi Bandung (ITB) have signed […] The post Japan’s MHI prolongs research collaboration on ammonia-based clean power in Indonesia appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Korean player gets hold of interest in Asian offshore block ahead of oil & gas drilling ops

    Korean player gets hold of interest in Asian offshore block ahead of oil & gas drilling ops South Korea’s SK Earthon, the energy exploration and production (E&P) subsidiary of SK Innovation, has expanded its offshore acreage in Indonesian waters with a stake in a block, which is expected to see drilling activity before the year…

  • Samudera and Imoto set up Japan coastal shipping venture

    Samudera and Imoto set up Japan coastal shipping venture Singapore-listed Indonesian owner Samudera Shipping Line is stepping deeper into the Japanese market through a new joint venture with Imoto Corporation, part of the Imoto Lines Group. Through its wholly owned unit in Japan, Samudera has signed an agreement with Imoto to set up Blue Ocean…

  • New anti-corruption campaign rolls out across Asian and European hubs

    New anti-corruption campaign rolls out across Asian and European hubs The Maritime Anti-Corruption Network (MACN) has launched a three-year initiative aimed at tightening integrity standards across maritime supply chains in Indonesia, Malaysia and Germany. The programme—“Transparent Trade Routes: Strengthening Integrity in Maritime Supply Chains”—is backed by funding from the Siemens Integrity Initiative. MACN said the…

  • Unleashing more gas at the heart of Mubadala’s partnership with Indonesian player

    Unleashing more gas at the heart of Mubadala’s partnership with Indonesian player UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has pooled resources with PLN Energi Primer Indonesia (PLN EPI), a subsidiary of Indonesia’s energy and electricity supplier, to supply gas from its gas fields in…

  • Harbour Energy offloads offshore gas assets in Southeast Asia

    Harbour Energy offloads offshore gas assets in Southeast Asia London-listed oil and gas company Harbour Energy has set the wheels in motion to divest natural gas assets off the coast of Indonesia for a cash consideration of $215 million. The post Harbour Energy offloads offshore gas assets in Southeast Asia appeared first on Offshore Energy. Melisa…

  • GIZ, Neuman & Esser, and HDF Energy partner to decarbonize Indonesia’s ferry fleet

    GIZ, Neuman & Esser, and HDF Energy partner to decarbonize Indonesia’s ferry fleet The German International Cooperation Society (GIZ) has signed a PPP agreement with Neuman & Esser South East Asia (NEA SEA) and French HDF Energy to decarbonize Indonesia’s inter-island ferries to further scale the development of the country’s green hydrogen ecosystem. The post…

  • ICTSI locks in Subic Bay terminals extension with $130m upgrade plan

    ICTSI locks in Subic Bay terminals extension with $130m upgrade plan Manila-headquartered International Container Terminal Services Inc (ICTSI) has secured a 25-year extension for its concession agreements to operate Subic Bay’s two container terminals, NCT-1 and NCT-2. The deal, signed with the Subic Bay Metropolitan Authority (SBMA), allows ICTSI’s subsidiaries, Subic Bay International Terminals Corp…

  • Coal trade faces rare back-to-back decline

    Coal trade faces rare back-to-back decline Global coal trade is forecast to shrink in 2025, the first drop since the covid-19 shock of 2020, with another fall expected in 2026. If confirmed, this would be the first consecutive two-year decline in seaborne coal trade in the 21st century, according to analysis by The Signal Group…

  • BP tasks Baker Hughes with 90-month job on Asian LNG project

    BP tasks Baker Hughes with 90-month job on Asian LNG project U.S.-headquartered energy technology giant Baker Hughes has landed a long-term deal with BP, a UK-headquartered energy player, for work on a liquefied natural gas (LNG) plant in Papua Barat, Indonesia. The post BP tasks Baker Hughes with 90-month job on Asian LNG project appeared first…

  • Meratus adds more feeders at Guangxi Shipbuilding

    Meratus adds more feeders at Guangxi Shipbuilding Indonesian shipowner and logistics group Meratus is expanding its fleet with feeder newbuildings at one of its go-to yards in China. The company has signed the newbuilds with CSSC Guangxi Shipbuilding and Offshore Engineering, a yard it has repeatedly tapped for similar tonnage. The new vessels are scheduled…

  • Conrad advances seismic, drilling, and farm-in plans for Indonesian assets

    Conrad advances seismic, drilling, and farm-in plans for Indonesian assets Conrad Asia Energy has provided an operational and resource update for the two production sharing contracts (PSCs) in Indonesia. The post Conrad advances seismic, drilling, and farm-in plans for Indonesian assets appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz

  • Indonesia’s Jhonlin Marine quietly builds ultramax fleet with Japanese tonnage

    Indonesia’s Jhonlin Marine quietly builds ultramax fleet with Japanese tonnage Jhonlin Marine Trans, the shipping arm of Indonesia’s sprawling Jhonlin Group, has quietly assembled an impressive trio of Japanese-built ultramax bulk carriers, signalling a growing ambition in the dry bulk sector from one of the country’s most powerful conglomerates. The company’s fleet now includes three…

  • Tight budgets and shrinking pool of oil & gas prospects reshape search for more hydrocarbons

    Tight budgets and shrinking pool of oil & gas prospects reshape search for more hydrocarbons Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays. The post Tight budgets and shrinking pool of oil & gas prospects…

  • Pertamina International Shipping boss arrested over alleged oil import scheme

    Pertamina International Shipping boss arrested over alleged oil import scheme Pertamina International Shipping chief executive Yoki Firnandi has been arrested in connection with an alleged $12bn corruption scandal involving the procurement of crude oil and oil products. Indonesia’s Attorney-General’s Office named Yoki as one of seven suspects, four of whom were officials of Pertamina subsidiaries.…

  • Valaris pensions off semi-sub trio, offloads jack-up, and picks up new drilling work for multiple rigs

    Valaris pensions off semi-sub trio, offloads jack-up, and picks up new drilling work for multiple rigs Valaris has taken steps to optimize its rig fleet by deciding to put three semi-submersible units out of drilling work for good and divest a stacked jack-up rig. The rig owner has also won a new batch of drilling assignments spanning…

  • Samudera sets up shipbroking unit in Singapore

    Samudera sets up shipbroking unit in Singapore Indonesia’s Samudera Shipping has established a shipbroking business in Singapore. The Singapore-listed diversified owner said in a filing it had incorporated a wholly-owned subsidiary Samudera Ship Brokers on Thursday. The new company will mainly be involved in ship brokering, port, shipping and maritime related consultancy services, Samudera said.…

  • ONE buys into Jakarta terminal

    ONE buys into Jakarta terminal Japanese liner Ocean Network Express (ONE) has bought a minority stake in New Priok Container Terminal One (NPCT1) in Jakarta, Indonesia for an unspecified price. Built in 2016, NPCT1 has an annual capacity of 1.5m teu and can accommodate the largest ships afloat today. Other shareholders in the terminal are shareholders…

  • Asia and Europe on divergent coal paths

    Asia and Europe on divergent coal paths Global seaborne coal trades are being cleaved apart, with Asian economies taking more and more volumes while the West pulls back from the commodity.  According to data from AXS Marine, the volume of steam coal cargoes discharged at mainland Chinese ports in October reached 34.25m tonnes, up 15.8%…