by Yohanes Obor | Jun 3, 2015 | Energy, News, Resources
HUNTSVILLE (Yosefardi) – Leading Indonesian oil and gas company PT Pertamina EP has selected two Intergraph® solutions – SmartPlant® Foundation and SmartPlant Enterprise for Owner Operators (SPO) Core – to power a new Electronic Document Management System (EDMS)...
by Yohanes Obor | Jun 1, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – PT Sulawesi Mining Investment (SMI) allocates US$2.49 billion to invest on nickel smelter project in Morowali, Southeast Sulawesi. SMI plans to build nickel smelter with capacity of 300,000 tons per year and costs US$635,57 million. it is...
by Yohanes Obor | May 29, 2015 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – State coal producer PT Tambang Batubara Bukit Asam Tbk, through its susidiary PT International Prima Coal (IPC), has acquired 2 coal companies (PT Tabalong Prima Resources and PT Mitra Hasrat Bersama, for US$36 million. The acqusition...
by Yohanes Obor | May 26, 2015 | Energy, News, Resources
CALGARY (Yosefardi) – Pan Orient Energy Corp. plans to drill an exploration well at the Batu Gajah PSC in the second half of 2015 which would offset an existing oil discovery made by another operator in the adjacent Lemang PSC. Forestry approval for three...
by Yohanes Obor | May 26, 2015 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – Coal miner PT Indo Tambangraya Megah Tbk (ITMG) plans to build power plant of 1,000 megawatts (MW) in Java next year which costs US$1-2 billion. ITMG will invite its parent company Banpu Plc to join in the project. The construction of power plant...
by Yohanes Obor | May 22, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Oil and gas company PT Medco Energi Internasional Tbk (MEDC) suffered loss of US$289,599 in the first quarter of 2015, against US$4.69 million profit in the same period of 2014. Sales and operating revenue declined 32.8% to US$127.7 million...