Indonesia
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KUFPEC makes commercial discovery of natural gas and condensate in the Anambas Block.
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This paper describes a technology with the capability to map and detect lithology changes ahead of the bit in real time.
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Environmental permit will allow work on the $12-billion project to begin on site.
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The gas find is likely to be tied back to the nearby Jangkrik floater.
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Asian markets continue to represent the leading edge of global economic growth, and with many of the international oil companies divested from the region, Southeast Asian operators in particular see themselves well positioned for the future.
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The sale of Chevron’s interest in the IDD project is part of its cost-cutting measures.
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Indonesia is home to numerous oil and gas fields, and upstream oil and gas activities are integral to the country's economic growth. Here are the key regulatory changes in response to the COVID-19 pandemic affecting Indonesia's oil and gas sector.
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Duri Field in Indonesia is the largest active steamflood project in the world. The field produces 73,000 BOPD, and 10,000 optimization jobs are executed annually to support base production.
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Indonesia’s production of both oil and gas will most likely fall in 2020, a Rystad Energy analysis shows, despite the country’s official projections of a combined 8% growth year-on-year.
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A ministerial decree in Indonesia has set the data model from the Professional Petroleum Data Management Association as the country's industry standard for upstream oil and gas data.