The Korea-Indonesia Offshore Research Cooperation Center (KIORCC) is promoting collaboration between South Korean and Indonesian companies to develop LNG infrastructure facilities in Sulawesi to support the government’s plans to make use of gas as part of its energy transition strategy.
BP (LON:BP) will carry out deepwater oil and gas exploration offshore Indonesia after winning the rights to the Agung I and Agung II blocks as part of the nation’s second bid round last year. The move offers a glimmer of hope for Indonesia’s struggling upstream sector that has seen big international firms, such as ConocoPhillips, exit recently.
Australia’s Energy World Corporation (EWC) is planning to restart development of its mid-scale modular Sengkang LNG liquefaction facility in South Sulawesi, Indonesia.
