Upstream merger and acquisitions (M&A) deals are expected to rebound in Asia Pacific this year after plunging to their lowest level this century in 2020, when the pandemic and collapse in oil and gas prices killed activity.
Maurel et Prom has appointed John Anis as the chairman of the board, to replace Aussie Gautama.
Repsol’s potential fast-track development of its Kali Berau Dalam (KBD) giant gas discovery in Indonesia is at risk as the company struggles to agree an attractive sales price with the government.
Chevron is seeking contractors for a major retirement campaign across the Gulf of Thailand as the Southeast Asian nation braces for a huge wave of decommissioning.
Indonesia is taking proactive steps in a bid to avoid a sharp drop in upstream production as state-backed Pertamina takes over more legacy assets from international oil companies (IOCs).
Saudi Aramco’s experience may offer a cautionary tale to other investors considering multi-billion-dollar refining partnerships with Indonesian NOC Pertamina
Southeast Asia and Australia are set to take centre stage in the region’s upstream M&A activity as private equity companies sense a value opportunity.
Decommissioning Southeast Asia’s aging oilfields offers a vast but challenging market opportunity.
Neptune Energy, Eni and Indonesian state-owned firm Pertamina have partnered in a deal to drill in the West Ganal area in the Kutei basin.
Indonesia’s state-owned oil company Pertamina has admitted it is responsible for a deadly oil spill in Borneo.
Woodside Energy confirmed a long-term LNG purchase and sale agreement with Pertamina.
Total has signed long-term liquefied natural gas (LNG) sale and purchase agreements with state-owned Indonesian company Pertamina.
Indonesia's state energy company Pertamina is losing 80 billion rupiah ($6 million) a day from the sale of fuels at prices set by the government below market rates, it said on Wednesday.