Energi Mega Persada to conclude acquisition 2 active blocks in Riau
26 Mar 2024 17:49
PT Energi Mega Persada Tbk (ENRG), an oil and gas company under Bakrie Group, has completed the acquisition of 2 active oil assets with ongoing production in Riau.
AKRA to prepare several strategies to boost 2024 performance
26 Feb 2024 10:22
PT AKR Corporindo Tbk (AKRA), an oil and gas distributor company with the highest market capitalisation, has set up several strategies to further bolster its business performance this year.
Low utilisation rate, Ratu Prabu divest subsidiary’s rig for USD 2.5 million
06 Feb 2024 13:38
PT Ratu Prabu Energi Tbk (ARTI) has divested an asset in the form of rig unit type 460K Snubbing Unit owned by its subsidiary, PT Lekom Maras, for USD 2,5 million last Monday (5/2).
Indo Oils Perkasa tp set up JV with Sena MillsRefineries
02 Feb 2024 09:18
PT Indo Oils Perkasa Tbk (OILS), an issuer engaged in the agricultural products sector, has established a joint venture (JV) with Sena Mills Refineries Export (Private).
MKAP prepares for IPO, issuing 650 million shares
23 Jan 2024 16:21
PT Multikarya Asia Pasifik Raya Tbk (MKAP), an oil, gas and mining equipment manufacturer and service provider, is scheduling its initial public offering (IPO), setting up the issuance of 650 million shares.
Investment in energy and mineral resources sector exceeds US$30.3 billion in 2023
17 Jan 2024 20:14
The investment value originating from the Energy and Mineral Resources (ESDM) sector throughout 2023 reached US$30.3 billion, according to data from the Ministry of Energy and Mineral Resources.
ENRG's net profit grew positively, despite revenue corrected by 13.8%
06 Nov 2023 14:33
PT Energi Mega Persada Tbk (ENRG), an oil and gas company belonging to the Bakrie Group, posted a net profit of US$45.7 million as of September (9M) 2023.
Elnusa join hands with Daqing Oilfield Company for oil and gas industry
24 Oct 2023 12:09
PT Elnusa Tbk (ELSA), an oil and gas company under Pertamina Group, has formed a business partnership with Daqing Oilfield Company, Ltd.
Paramita Bangun Sarana divests ownership in EcoOils Jaya
09 Oct 2023 19:18
PT Paramita Bangun Sarana Tbk (PBSA), a building and infrastructure construction company, has sold all its shares in PT EcoOils Jaya Indonesia (EJI).
PHE held CID Upstream Award, focusing on sustainability
04 Oct 2023 11:27
PT Pertamina Hulu Energi (PHE), a sub-holding of upstream businesses of Pertamina Group, has reportedly held Community Involvement & Development (CID) Upstream Award 2023 on September 25-27, 2023.
