Indonesia | Egypt Oil & Gas - Part 4
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.
Indonesia to Sign Oil MoU with Iran
Indonesia's state-owned energy company Pertamina will sign a memorandum of understanding with the National Iranian Oil Company (NIOC) in August that will allow Pertamina to evaluate and assess up to four Iranian oil ...
Indonesian Pertamina Acquires Two Russian Oil, Gas Blocks
Indonesian state-owned energy company Pertamina has officially signed a framework agreement in the oil and gas sector with the Russian energy giant Rosneft. The target is to obtain additional oil production of 35,000 ...
Russian Rosneft Seeking Partners in Indonesia
Russian giant Rosneft is aiming to expand its list of strategic partners in Asia via Indonesia, seeking to accelerate the already initiated sale of assets to Indian companies.
Indonesian Company to Sell its 75% in Gas Block in Mozambique
Indonesian oil mining firm, Energi Mega Persada A, said it would sell its 75% stake in the gas block in Buzi, in Central Mozambique, worth $96.25m to an unknown strategic investor in Africa.
Total to Cut Spending in Indonesia’s Aging Gas Block
France's Total announced its plan to cut its spending in Indonesia's giant Mahakam gas block by 42% to $1.1b in 2016, down from $1.9b in 2015.
