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Pertamina Acquires French Oil Company

PT VUI : Doing Business in Indonesia Posted on August 2, 2016 by Herlina HoAugust 2, 2016

State-owned energy giant PT Pertamina announced on Monday the acquisition of France-based oil company Maurel et Prom with the purchase of 24.53 percent of its shares from Pacifico. Pertamina vice president of corporate communications Wianda Pusponegoro said the acquisition was part of … Continue reading →

Posted in Indonesia Economy, Indonesia Investment, Indonesia Oil & Gas | Tagged Indonesia Investment, Indonesia oil & gas

BP to Invest in Tangguh Expansion Project – Train 3

PT VUI : Doing Business in Indonesia Posted on July 6, 2016 by adminJuly 6, 2016

London-based BP, one of the world’s leading oil and gas companies, submitted its final investment development decision to expand the Tangguh liquefied natural gas (LNG) facility (the Train III project) in West Papua, Indonesia. According to a statement from BP, … Continue reading →

Posted in Indonesia Investment, Indonesia Oil & Gas | Tagged Indonesia Investment, Indonesia oil & gas

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