Indonesia seeks to attract new technology for oil drilling
JAKARTA, July 1 (Reuters) – Indonesia has issued a new regulation to attract investment from oil drilling technology providers in an effort to boost production from existing wells, officials said on Tuesday.
Indonesia Wants Drilling Partners to Revive Oil Output from Old Wells
Indonesia’s new energy strategy entails attracting oilfield services providers with the latest technology to help the Southeast Asian country revive and increase production from ageing or idle wells.
Indonesian exporters grapple with global shift to higher-grade coal
JAKARTA – Indonesia’s coal industry faces mounting pressure as key export markets China and India shift to coal with higher calorific value (HCV) and ramp up production to meet domestic demand.
US firm keen to invest in Kingdom’s oil and gas sector
Texas-headquartered oil and gas behemoth ConocoPhillips is exploring potential investment opportunities in the Kingdom’s oil and gas sector.
Vietnam to import coal from Laos
Vietnam has signed a deal with Laos to import around 20 million tons of coal a year for the next five years. The memorandum of understanding was signed for the purpose Thursday by the Vietnamese Ministry of Industry and Trade and the Lao Ministry of Energy and Mines.
Excelerate Energy eyes turning Vietnam into LNG center for ASEAN distribution
U.S LNG giant Excelerate Energy wants to set up a joint venture with Vietnamese partners for market expansion, turning Vietnam into a center for LNG distribution to the ASEAN region.
Indonesia Pertamina signs 10 gas sales agreements
TANGERANG, Indonesia, May 20 (Reuters) – Indonesian state energy firm PT Pertamina on Tuesday signed 10 gas sales agreements with domestic firms, including state gas utility PT Perusahaan Gas Negara (PGN) and its affiliates, and with state power firm PT Perusahaan Listrik Negara (PLN) and its units.
Valeura Energy Makes FID on Wassana Field in Gulf of Thailand
Valeura Energy Inc. said it has made a final investment decision (FID) on the redevelopment of the Wassana field in License G10/48 offshore in the Gulf of Thailand.
