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BP to Invest US$11 Billion in Tangguh, Deliver Train 3 PoD Tomorrow

BP to Invest US$11 Billion in Tangguh, Deliver Train 3 PoD Tomorrow  

JAKARTA, Indonesia Today - British Petroleum (BP) Plc plans to invest US$11 billion for Tangguh LNG Block and will deliver…

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BP to Sign Domestic Gas Supply Contract Tomorrow

BP to Sign Domestic Gas Supply Contract Tomorrow  

JAKARTA, Indonesia Today - BP Plc is going to sign Memorandum of Understanding (MoU) with Indonesian Government for 230 million…

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Govt to Issue Contract Renewal Regulation for Oil & Gas Blocks This Year

Govt to Issue Contract Renewal Regulation for Oil & Gas Blocks This Year  

JAKARTA, Indonesia Today - Ministry Regulation about Contract Renewal for Oil & Gas Blocks is scheduled to be issued this…

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Oil Price Approaches $90, Coal Stocks Tumbled

Oil Price Approaches $90, Coal Stocks Tumbled  

JAKARTA, Indonesia Today - Coal stocks at the Indonesia Stock Exchange (IDX) tumbled this afternoon (May 23) along with the…

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Kalbe Farma to Pay Dividend Rp891 Billion

Kalbe Farma to Pay Dividend Rp891 Billion  

JAKARTA, Indonesia Today - Pharmaceutical giant PT Kalbe Farma Tbk (KLBF) will pay dividend of Rp891 billion, or Rp95 per…

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BSM Q1 Profit Jumps 42.87%

BSM Q1 Profit Jumps 42.87%  

JAKARTA, Indonesia Today - PT Bank Syariah Mandiri (BSM) posted net profit of Rp192.72 billion in the first quarter (Q1)…

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Oil Stays Below $92, Coal Shares Lost Steam

Oil Stays Below $92, Coal Shares Lost Steam 

JAKARTA, Indonesia Today - Coal-related shares retreated in the region this morning, after substantial rebound on Tuesday, as Nymex crude…

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CPO Slips, Dragging Down Plantation Shares

CPO Slips, Dragging Down Plantation Shares 

JAKARTA, Indonesia Today - Plantation shares slip again in the region this morning to tracking the downfall of crude palm…

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Royal Oak Seeking Rp500 Billion Loan

Royal Oak Seeking Rp500 Billion Loan 

JAKARTA, Indonesia Today - PT Royal Oak Development Asia Tbk (RODA) is now seeking bank loan amounting Rp500 billion for…

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Banyu Urip Field Starts Oil Production in May 2014

Banyu Urip Field Starts Oil Production in May 2014 

JAKARTA, Indonesia Today - The Upstream Oil and Gas Regulatory Body (BPMIGAS) is confident that Banyu Urip project in the…

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ENRG's Tonga Block Commences Oil Production

ENRG's Tonga Block Commences Oil Production  

JAKARTA, Indonesia Today - Tonga block PSC, controlled by Energi Mega Persada (ENRG), has commenced oil production at capacity of…

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Energi Mineral Langgeng Urged to Stop Exploration in Tanjung Village

Energi Mineral Langgeng Urged to Stop Exploration in Tanjung Village 

SUMENEP, Indonesia Today - Hundreds of Sumenep residents, East Java force PT Energi Mineral Langgeng (EML) to stop its exploration…

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Latest News

Wa Ode Promises to Reveal the “Budget Game” in Trial

JAKARTA, Indonesia Today - Wa Ode Nurhayati, member of the House Budget Body (Banggar) from National Mandate Party (PAN) and gr...

Corruption | Wednesday, 23 May 2012

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Java Island Plotted as Main Electricity Storage for Indonesia

JAKARTA, Indonesia Today - President Director of PT PLN Nur Pamudji proposes to establish Java as the main electricity storage in...

Energy | Wednesday, 23 May 2012

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Pyridam Seeks 12% Growth This Year

JAKARTA, Indonesia Today - Pharmaceutical company PT Pyridam Farma (PYFA) Tbk plans to boost production and launch new products in ...

Pharmaceuticals | Wednesday, 23 May 2012

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Sukhoi Victims’ Bodies Returned to Families, Insurance Payment Not Clear Yet

JAKARTA, Indonesia Today – The remains of all 45 victims of the crash Sukhoi Superjet 100 have been handed over to...

People | Wednesday, 23 May 2012

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Bank Papua Q1 Profit Rp101.79 Billion

JAKARTA, Indonesia Today - PT Bank Pembangunan Daerah Papua (Bank Papua) booked profit after tax of Rp101.79 billion in the ...

Banking | Wednesday, 23 May 2012

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Naga Selatan-1 Drilling Reaches 84% Total Depth

MELBOURNE, Indonesia Today - Cue Energy Resources Ltd says the drilling in the Naga Selatan-1, East Kalimantan well has reached 84...

Energy | Wednesday, 23 May 2012

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SGX offers MSCI Indonesia Futures from 11 June

SINGAPORE, Indonesia Today - Singapore Exchange’s (SGX) MSCI Indonesia Index Futures will begin trading from 11 June ...

Stocks | Tuesday, 22 May 2012

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Bank Permata Sets Bond Coupon at 8.5-9.5%

JAKARTA, Indonesia Today - PT Bank Permata Tbk (BNLI) has set indicative coupon of between 8.50% to 9.50% for its ...

Bonds | Tuesday, 22 May 2012

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Three Trucks of PTPN II Burnt Down Following Clash with Local People

DELI SERDANG,  Indonesia Today - Local people have burnt down three unit trucks of State plantation company PT Perkebunan Nusantara ...

Dispute | Tuesday, 22 May 2012

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Multipolar Controls 10.59% Stake in Bank Nobu

JAKARTA, Indonesia Today - Lippo Group’s service and trading company, PT Multipolar Tbk (MLPL) invests Rp43.73 billion in PT Nationalnobu ...

Banking | Tuesday, 22 May 2012

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IDX Gains 1.19% on Regional and Wall Street Rebounds

JAKARTA, Indonesia Today - Composite index of the Indonesia Stock Exchange (IDX) gained 1.19% to 3,986.90 this morning following the re...

Stocks | Tuesday, 22 May 2012

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Fitch Affirms Bank Riau Kepri at 'A(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has affirmed PT Bank Pembangunan Daerah Riau Kepri's (Bank Riau Kepri) National Long-Term Rating at...

Banking | Monday, 21 May 2012

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Fitch Upgrades BPD Maluku to 'A(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has today upgraded PT Bank Pembangunan Daerah Maluku's (Bank Maluku) National Long-Term Rating and se...

Banking | Monday, 21 May 2012

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Astra Sedaya Financing Likely to Go Up to $200 Million

JAKARTA, Indonesia Today - The US$120 million three-year term loan for Astra Sedaya Finance is oversubscribed and may be increased to...

Banking | Monday, 21 May 2012

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Templeton's Investment in Indonesia Declines to 5% in April

FLORIDA, Indonesia Today - Templeton Global Income Fund invested 5% of its total net assets in Indonesia as of April 30...

Stocks | Monday, 21 May 2012

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Pratt & Whitney Canada Signs 5-Year Service Agreement with Pacific Royale Airways

MINNESOTA, Indonesia Today - Pratt & Whitney Canada SEA (P&WC SEA), located in Singapore, has signed a five-year Maintenance, Repair an...

Transportation | Monday, 21 May 2012

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Nomura Research Establishes Representative Office in Jakarta

TOKYO, Indonesia Today - Nomura Research Institute Ltd. (NRI), a leading provider of consulting services and system solutions, today announces th...

Internet | Monday, 21 May 2012

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Omedia Again Extends Megapower Acquisition

KUALA LUMPUR, Indonesia Today - Oriented Media Group Berhad (Omedia) extends its proposed acquisition of 85% equity interest in PT Me...

Energy | Monday, 21 May 2012

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Interra's Goldpetrol Commences Drilling in Myanmar

SINGAPORE, Indonesia Today - Interra Resources Limited, a company controlled by Indonesian tycoon Edwin Soeryadjaya, announces today that its jointly co...

Energy | Monday, 21 May 2012

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JSW Steel Production Grows 10% in April

SINGAPORE, Indonesia Today - JSW Steel Limited reported monthly crude steel production of 7.15 lacs tons for April 2012, with a ...

Steel | Monday, 21 May 2012

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Tunas Ridean to Acquire Izusu Distributor

JAKARTA, Indonesia Today - Car distributor and dealer PT Tunas Ridean Tbk (TURI) and its unit PT Tunas Mobilindo Parama pl...

Automotive | Monday, 21 May 2012

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Surya Toto to Build Sanitary Factory This Year

JAKARTA, Indonesia Today - Sanitary and plumbing company PT Surya Toto Indonesia Tbk (TOTO) intends to build new sanitary factory in...

Stocks | Monday, 21 May 2012

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Zebra NUsantara to Acquire CNG Distributor

  JAKARTA, Indonesia Today - Transportation company PT Zebra Nusantara Tbk (ZBRA) plans to acquire a company, distributor of compressed natural gas...

Transportation | Monday, 21 May 2012

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Mother of Hidayat Nur Wahid Passes Away

JAKARTA, Indonesia Today – Siti Rahayu, mother of Hidayat Nur Wahid, Jakarta governor candidate from the Prosperous Justice Party (PKS), ha...

People | Monday, 21 May 2012

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Latest News:

Resources

Theindonesiatoday.com - BP Berau Ltd. invites big scale company to participate in tender process for Marine Time Charterparty for Drilling Support Warehouse barge (DSWB) and AHTS Vessels to support Tangguh Drilling Program.

BPMigas reported today, contractor is required to provide a vessel for the intended purpose, and sufficient capability and space to perform drilling support warehouse barge and anchor handling, towing and suplly vessels.

Provision of one dual classed vessel for storage of drilling materials required to support the Tangguh Exploration & Appraisal Drilling project with a clear deck area of minimum 1,700 m2 .

Provision of two TVAC approved (Towing Vessel Approvailbility Certificate) vessels each with a minimum continuous bollard pull rating of 80 tons for towing the DSWB and Jack-Up Drilling Rig, carriage of materials including bulk chemicals, water and diesel fuel to company's Jack-Up Drilling Rig and Drilling Support Warehouse Barge facility in Berau Bay, Papua on an “as required” basis.

Substitute vessels must be available for to ensure continual non stop service to the company. Contractor shall develop all the required operational procedures to support the above services and submit to the Charterer for review and approval. Previous experience of carrying out the above activities is required.

The services of these vessels are expected to commence November 2011 with duration period no more than 3 years.  (ferdi@theindonesiatoday.com)


More articles :

» Fitch Rates BIIF's Senior Bond 'AA+(idn)' Ratings

JAKARTA/SINGAPORE, Indonesia Today - Fitch Ratings has on Sunday (April 15) assigned PT BII Finance Center's (BIIF) issue of up to IDR750bn senior bond I/2012 with a maturity of up to 60 months a National Long-Term 'AA+(idn)' rating. The proceeds...

» Amir Might Replace Patrialis as Law & Human Rights Minister

Theindonesiatoday.com - Media speculate that Amir Syamsuddin, politician from President SBY’s Demokrat Party, might replace Patrialis Akbar (politician from National Mandate Party/PAN) as law and human rights minister.

» Arpeni Raises US$95 Million from New Shares & Convertible Bonds

Theindonesiatoday.com - The troubled shipping company PT Arpeni Pratama Ocean Line (APOL) Tbk plans to raise US$95 million from the issuance of new shares without preemptive rights of US$75 million and convertible bonds of up to US$20 million. 

» REA Halts Coal Operation in Kutai Kartanegara

Theindonesiatoday.com - REA Holdings Plc has temporarily halted coal operation in Kota Bangun concession East Kalimantan due to problems with contractor. 

» Sales Revenues Doubled, Ramba Energy Reports Loss

Theindonesiatoday.com - Ramba Energy Limited, SGX-listed oil and gas firm controlled by Soeryadjaya family, reported total group revenue of S$25.8 million for Q3 2011, doubled from S$12.9 million in the same period of last year.

» Swiber's Order Book Surges Past US$1 Billion

Theindonesiatoday.com - Swiber Holdings Limited has secured a slew of contract wins amounting to approximately US$69.0 million including extension options, bringing its order book beyond US$1 billion, the highest by far in the company's history.

» Mining Company Declared Bankrupt

Theindonesiatoday.com - Central Jakarta Commercial Court has declared coal mining company PT Sinar Hakiki Multi bankrupt after a panel of the judges assessed the company was unable to pay its Rp6.2 billion liabilities to Bank Mandiri and Bank...

» Soeryadjaya's Interra Commences Myanmar Drilling

Theindonesiatoday.com - Interra Resources Limited, a company controlled by Edwin Soeryadjaya, has commenced drilling infill development well CHK 1162 at the Chauk oil field in Myanmar.

» Martabe First Gold Production Pushed Back to July

HONG KONG, Indonesia Today - G-Resources Group Limited delays further its first gold production at Martabe gold project, North Sumatra from March to July 2012.

» StatOil Acquires 40% Equity in 3 Indonesian Blocks from Niko

Theindonesiatoday.com - agrees to acquire 40% participating interest in the North Makassar Straits PSCs and a similar interest in two additional offshore PSCs (West Papua IV and Halmahera Kofiau).

» Elnusa Secures US$20 Mln Oilfield Service Contract

Indonesia News - Oil and gas service company PT Elnusa (ELSA) Tbk, a unit of Pertamina said it has secured oilfield maintenance service contract worth US$20 million. The projects will be located in Java and East Kalimantan.

» Coal Stocks Mostly Down in Asia

Theindonesiatoday.com - Asian coal stocks opened mostly in lower position this morning, following the negative sentiment in Wall Street, due to the prevailing concern over the US economic slowdown.

» Triangle Completes Pase A2 Work-Over Drilling

Theindonesiatoday.com - Triangle Energy Ltd has completed a work-over drilling for Pase A2 well in Aceh on July 13. 

» Suzuki Sends Notice of Breach to Volkswagen

Theindonesiatoday.com - The dispute between Suzuki Motor Corporation and Volkswagen AG continues with Suzuki's notice of breach in relation to the companies' December 9, 2009 Framework Agreement.

» Multiply Moves Headquarter to Indonesia

JAKARTA, Indonesia Today - E-commerce player Multiply plans to move its headquarter from Florida, US to Indonesia just months after it opened Indonesian operation last April.

 

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