Delta Dunia Extends Rp4.2 Trillion Contract

JAKARTA (Yosefardi) – PT Delta Dunia Makmur Tbk (DOID), through its primary operating subsidiary PT Bukit Makmur Mandiri Utama (BUMA), has signed a contract extension with PT Adaro Indonesia for four years until 2019. Adaro has been one of BUMA’s principal...

Govt Offers 3 Blocks of Shale Gas/Oil

KUTA (Yosefardi) – The government offers 3 blocks of shale gas and oil, raising signature bonus of US$3 million. The said blocks are located in Java area (one block) and Kalimantan (2 blocks). The offered Blora block in Java has 3000 square kilometers area, Batu...

Elnusa Posts 20.8% Profit Decline

JAKARTA (Yosefardi) – PT Elnusa Tbk (ELSA), oil and gas supporting services company, booked net profit of Rp230 billion in the first nine months to September of 2015 period, declined 20.8% from Rp288 billion in the corresponding period of 2014. Net profit margin...