Indonesia | Egypt Oil & Gas - Part 3

NIOC, Pertamina to Negotiate LPG-Contract Renewal

The National Iranian Oil Company (NIOC) and Indonesia’s Pertamina are set to begin negotiations to renew a liquefied petroleum gas (LPG) contract.

Indonesian Firm Interested in Refinery in Nigeria

Indonesian PT Intim Perkasa Company expressed interest in building a refinery in Nigeria.

Indonesia to Purchase More Crude Oil From Nigeria

The Nigerian National Petroleum Corporation (NNPC) announced that Indonesia is interested in increasing its purchase of crude oil from Nigeria.

Indonesia, Senegal Seek Oil & Gas Partnership

The Indonesian Embassy in Dakar announced in a press release that Senegal and Indonesia are exploring potential partnership in the oil and gas sector

Iran, Indonesia in Talks over Iranian Fields

Indonesia’s state-owned energy company Pertamina will submit proposals to Iran to explore two oil fields in the country, which are located in Ab Teymour and Mansouri.

Aramco, Pertamina Signed $5b Refinery Deal

Saudi Aramco and PT Pertamina signed a Joint Venture Development Agreement (JVDA) to jointly own, upgrade and operate the Cilacap Refinery in central Java, Indonesia.

Pertamina to Increase Stake in Algerian Oil Block

Indonesian state-owned oil and gas firm Pertamina is aiming to increase its participation rights in Algeria’s Menzel Lejmat North (MLN) oil block.

Iran to Launch Upstream Tender Early 2017

Iran will launch after January 2017 its first new-style tender to develop oil and gas fields since the lifting of sanctions, noting that the deadline to submit pre-qualification documents has been extended.

OPEC to Decide on Output Cut

OPEC will debate an oil output cut of between 4.0-4.5% for all of its members except Libya and Nigeria by the end of November.

Iraq Delayed Upstream Bid

Iraq will postpone an upstream bidding round for 12 small and medium-sized oil fields across three provinces until mid 2017.

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