Eni’s big deep-water gas discovery bodes well for Indonesia
Indeed, analysts at Welligence Energy Analytics noted in a recent report that many attractive opportunities remain in Indonesia. “Large and small players are looking to…
Read MoreWelligence Indonesia Exploration | Eni’s top class exploration credentials underlined by Indonesian discovery
Eni has announced its latest exploration success, a major gas/condensate discovery in Indonesia’s prolific Kutei Basin. The deepwater Geng North-1 well encountered a 50 m…
Read MorePertamina Pursues Overseas M&A to Meet Domestic Goals
Pertamina’s most recent acquisitions have focused on already producing assets in jurisdictions where the company has been for several years. That means it is investing…
Read MoreIndonesia M&A | Eni doubles down on gas with acquisition of Chevron’s Indonesia assets
On 25 July 2023, Eni announced the acquisition of Chevron’s operating interest in the Ganal (62%), Rapak (62%) and Makassar Strait (72%) PSCs. Closing is…
Read MoreIndonesia Rumblings on the Ground | Indonesia’s gas/LNG and CCS opportunities drawing increased attention
The Welligence team recently attended the Indonesian Petroleum Association convention (IPA) in Jakarta. The event provided an excellent and well-attended forum for energy professionals to…
Read MoreDivestments Boost Key Indonesian Gas Projects
Marc Howson, head of Asia at consultancy Welligence Energy Analytics believes that the Shell divestment is “positive news” for Japan’s Inpex, which will operate Abadi.…
Read MoreIndonesia M&A | Pertamina/PETRONAS team up to buy Abadi LNG stake from Shell for US$650 million
On 25 July 2023, Pertamina and PETRONAS announced they are to acquire Shell’s 35% stake in the Masela PSC (also known as the Abadi LNG…
Read MoreTangguh 3 to boost Indonesia’s LNG exports from next month
The launch of the Abadi project “will help moderate Asian LNG prices from 2030 as regional LNG demand continues to grow while new supplies, particularly…
Read MoreGlobal M&A | Eni muscles up its gas and CCS business with Neptune Energy acquisition
On 23 June 2023, Eni and Vår Energi announced the acquisition of Neptune Energy for US$4.9 billion. ACCESS PDF
Read MoreGlobal M&A | Eni and Vår Energi acquires Neptune Energy
On 23 June, Eni and Vår Energi acquired Neptune Energy for US$4.9 billion including US$0.5 billion of net debt. Neptune will retain its Germany assets.…
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