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SKKMigas

SKK Migas expects Italy’s Eni to take over gas-rich IDD project by first quarter of 2021
Business 2 weeks ago

PREMIUM
SKK Migas expects Italy’s Eni to take over gas-rich IDD project by first quarter of 2021

The US$6.98 billion deepwater drilling project is slated to produce 27,000 barrels of oil per d...
Indonesia to double development drilling in 2021 amid recovering crude prices
Business 2 weeks ago

PREMIUM
Indonesia to double development drilling in 2021 amid recovering crude prices

Indonesia plans to drill new development and exploration wells this year to offset the decline rate ...
SKK Migas approves $282m plan for Repsol in gas-rich Kaliberau field
Business 1 month ago

SKK Migas approves $282m plan for Repsol in gas-rich Kaliberau field

The field holds an estimated 2 trillion cubic feet of recoverable resources, according to initial es...
Weak domestic demand, gas infrastructure hamper 2030 SKK Migas goal
Business 3 months ago

Weak domestic demand, gas infrastructure hamper 2030 SKK Migas goal

Weak demand due to the snail's pace of infrastructure development was the main obstacle in achie...
Oil and gas output falls 0.4 percent short of revised-down target in Q3
Business 3 months ago

Oil and gas output falls 0.4 percent short of revised-down target in Q3

Lifting reached 1,689 thousand barrels of oil equivalent per day (mboepd) as of Sept. 30, which is 0...
Chevron signs $150m deal to extend life of vaunted Rokan oil block
Business 4 months 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...
US shale heavyweight EOG Resources dips toe in Indonesian oil, gas exploration
Business 5 months ago

US shale heavyweight EOG Resources dips toe in Indonesian oil, gas exploration

Houston-based EOG Resources, one of the United States’ top shale oil and gas producers, is tes...
Medco gets green light for $80m Paus Biru gas project, reports Q1 loss
Business 5 months ago

Medco gets green light for $80m Paus Biru gas project, reports Q1 loss

Oil and gas producer PT Medco Energi Internasional has secured government approval for the developme...
Shell begins divestment of Masela block
Business 6 months ago

Shell begins divestment of Masela block

Shell’s plan to exit the Masela block dealt a major blow to Indonesia’s energy ambitions...
Medco drills new gas well offshore in South Natuna Sea
Business 6 months ago

Medco drills new gas well offshore in South Natuna Sea

The Kaci-2 gas well will produce an estimated 13 mmscfd of gas once full production begins, the...
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