Indonesia | Egypt Oil & Gas - Part 4

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.

Iran Shipped LPG to Indonesia

Indonesian energy giant, Pertamina, received it's first liquefied petroleum gas (LPG) cargo, of 44,000mt, from the National Iran Oil Company (NIOC), at Kalbut Port in Indonesia.

MENA Assets Boost Pertamina’s Oil Outputs

Upstream assets in Algeria, Iraq and Malaysia have pushed oil and gas production by Indonesia's Pertamina Internasional Eksplorasi and Produksi (PIEP) to surpass its target in 2016 by 15%.

West Africa to Ship 60 Oil Cargos to Asia in September

The amount of West African crude oil heading east in September is expected to reach a five-month high, driven in part by trading houses. At least 60 cargoes, carrying the equivalent of 1.9mb/d are expected to make th ...

Aramco to Reduce Stake in Indonesian Refinery Upgrade

Saudi Arabia's oil and gas giant, Aramco, has asked to cut its shares in a proposed $5.5b refinery project in Indonesia to 30% from 45%.

Iran, Indonesia Signed MoU on Petrochemical Cooperation

Iran's Petrochemical Commercial Company (PCC) recently signed a memorandum of understanding (MoU) with Indonesia's state-run oil and natural gas corporation based in Jakarta, Pertamina, on petrochemical cooperation.

Iran to Build $8.4b Indonesian Refinery

The Head of Iran’s Petrochemical, Gas, and Oil Exporters’ Union, Hassan Khosrojerdi, announced that Iran will construct a 300,000 b/d refinery in Indonesia with funds provided by Chinese and European parties.

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