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31.07.2013 Lundin Petroleum Enters Into New PSC Offshore Indonesia

Lundin Petroleum's wholly owned subsidiary, Lundin Sareba BV, has entered into a production sharing contract (PSC) amendment with SKKMigas to substitute the existing Sareba Block acreage with new acreage named Cendrawasih VII (CVII), offshore north eastern Indonesia, the

20.07.2013 Indonesian Graft Court Jails Third Chevron Employee

The AFP reports that an Indonesian anti-corruption court on Friday jailed a third employee of the local subsidiary of US energy giant Chevron Corporation, in a case that has spooked foreign investors.

13.05.2013 China's CNOOC to Pay More for BP Indonesia Gas

China National Offshore Company (CNOOC Ltd) , China's largest offshore oil and gas producer, will increase the price it pays for gas from BP's Tannguh project in Indonesia, the head of Indonesia's energy regulator said on Friday, Reuters reports.

07.05.2013 Neon Energy Plans to Seek Indonesia Partner After Eni Accord

Neon Energy Ltd. (NEN), the explorer that formed a partnership in Vietnam last year with Eni SpA (ENI), plans to look next for a company to help fund the development of its natural gas prospects off Indonesia, Bloomberg reports.

03.05.2013 New Zealand Oil & Gas Ltd. Begins Flow Testing At Kisaran, Indonesia

Flow testing has begun at the Parit Minyak-2 (PM-2) exploration well, located in the Kisaran PSC in onshore Sumatra, Indonesia,  New Zealand Oil & Gas Ltd. reported in a news release.