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Rokan-block

SKKMigas bets on Rokan Block to meet 2030 oil output goal
Business 4 years ago

PREMIUM
SKKMigas bets on Rokan Block to meet 2030 oil output goal

A day after the historical takeover of the Rokan oil and gas block from United States-based supermajor Chevron, Pertamina upstream subsidiary PT Pertamina Hulu Rokan (PHR) carried out its first drilling activity at one of Indonesia’s most lucrative oil blocks.
Pertamina officially takes over Rokan oil, gas block from Chevron
Business 4 years ago

PREMIUM
Pertamina officially takes over Rokan oil, gas block from Chevron

Pertamina Hulu Rokan (PHR) officially took over the Rokan block in Riau from PT Chevron Pacific Indonesia (CPI), a subsidiary of one of the world’s biggest oil companies, Chevron, on Monday.
PLN buys MCTN from Chevron to secure power supply for Rokan Block
Business 4 years ago

PREMIUM
PLN buys MCTN from Chevron to secure power supply for Rokan Block

The deal concludes one of the more challenging of nine elements related to the block’s nationalization, which also include transferring data, manpower and licenses from CPI to Pertamina Hulu Rokan.
Chevron signs $150m deal to extend life of vaunted Rokan oil block
Business 5 years ago

PREMIUM
Chevron signs $150m deal to extend life of vaunted Rokan oil block

Chevron has signed a deal with the Upstream Oil and Gas Special Regulatory Task Force (SKK Migas) to drill between 112 and 118 new wells in Indonesia’s second-most productive oil block, Rokan Block in Riau.
PGN seeks to cut 2020 capex by up to 60 percent
Business 5 years ago

PGN seeks to cut 2020 capex by up to 60 percent

Gas distributor PT Perusahaan Gas Negara (PGN) is looking to cancel most of its capital expenditure planned for this year to secure its cash flow amid weak global oil prices.
As Chevron exit looms, Indonesia eyes Italian Eni to take over IDD gas megaproject
Business 5 years ago

As Chevron exit looms, Indonesia eyes Italian Eni to take over IDD gas megaproject

The government has approached Italian oil and gas company Eni to take over the project, said Energy and Mineral Resources Ministry acting oil and gas director general Ego Syahrial on Wednesday.
Pertamina to drill up to 180,000 bpd from Rokan oil block after takeover
Business 5 years ago

Pertamina to drill up to 180,000 bpd from Rokan oil block after takeover

Rokan block’s output has steadily declined over the past few years due to the natural exhaustion of reserves.
Pertamina enlists Krakatau Steel as supplier for Rokan Block
Business 5 years ago

Pertamina enlists Krakatau Steel as supplier for Rokan Block

State-owned energy giant Pertamina has enlisted fellow state-owned company Krakatau Steel to supply metal sheet coils for the former’s project in the Rokan oil and gas block in Riau.
Celebrated Rokan oil block expected to see production decline
Business 6 years ago

Celebrated Rokan oil block expected to see production decline

Oil production from the celebrated Rokan Block in Riau is expected to decline next year as the block transitions operators from American oil company Chevron to Indonesian state-owned oil company Pertamina.
'It's causing significant losses': Chevron struggles with theft at Rokan block
Business 6 years ago

'It's causing significant losses': Chevron struggles with theft at Rokan block

American energy giant Chevron and local authorities are cracking down on theft at the company’s facilities in the Rokan oil and gas block in Riau province.
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