Tag: Indonesia
Massive 6.1-magnitude earthquake strikes Timor Island, Eastern Indonesia
In a dramatic turn of events, a massive 6.1-magnitude earthquake hit the island of Timor in eastern Indonesia, sending shockwaves through the provincial capital and ... Read More
Eni secures 0.8 bcm LNG deal with Merakes to expand global LNG portfolio
Italian energy company Eni inked a 0.8 billion cubic meters (bcm) liquefied natural gas (LNG) sales and purchase agreement with Merakes LNG Sellers. This three-year ... Read More
Tangguh LNG Facility : BP announces start-up of third liquefaction train
BP, representing the Tangguh production sharing contract partners, has announced the successful and safe loading and shipping of the first cargo produced by the new ... Read More
Shell subsidiary sells stake in Indonesia’s Masela PSC for $325m
Shell Upstream Overseas Services (I) Limited (SUOS), an affiliate of Shell plc, has finalized its divestment of a 35% interest in Indonesia's Masela Production Sharing ... Read More
Eni strikes gold: Massive gas discovery off East Kalimantan coast
Eni, the global energy giant, is celebrating a momentous gas discovery in the waters of East Kalimantan, Indonesia. The Geng North-1 exploration well, situated in ... Read More
Singtel secures $800m investment from KKR for regional data centre business
Singtel, a premier communications technology group in Asia, and global investment giant KKR have cemented a deal wherein KKR will invest up to S$1.1 billion ... Read More
Valaris announces $65m in new offshore drilling contracts and extensions
Valaris Limited (NYSE: VAL), a leading provider of offshore drilling services, has revealed new contracts and contract extensions with an associated contract backlog valued at ... Read More
Earthquake alert: Is the ‘Ring of Fire’ waking up again after Sulawesi’s narrow escape?
Sulawesi Island in Indonesia had a close shave on Saturday when a 5.9 magnitude earthquake shook the Minahassa Peninsula. According to the German Research Centre ... Read More
Coca-Cola bottler CCEP proposes $1.8bn purchase of Coca-Cola Beverages Philippines
Coca-Cola Europacific Partners plc (CCEP) and Aboitiz Equity Ventures Inc. (AEV) have announced their intention to jointly acquire Coca-Cola Beverages Philippines, Inc. (CCBPI) from The ... Read More
Shell to sell stake in Indonesia’s Masela PSC to Pertamina and PETRONAS
Shell's subsidiary, Shell Upstream Overseas Services (SUOS), has agreed to sell its 35% stake in Indonesia’s Masela Production Sharing Contract (Masela PSC) to local firm ... Read More