MedcoEnergi closes its acquisition of Ophir Energy
PT Medco Energi Internasional Tbk announced the completion of the acquisition of Ophir Energy plc2 in a recommended all-cash offer valued at GBP408.4 million (US$517.17 million).
Ophir operates across the full cycle of Upstream activity with production, development and exploration assets in Asia and exploration, appraisal and production assets in Africa.
Country updates
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March 07, 2019
Mitsui, Shikoku Electric invest in 10 MW hydropower project in Indonesia
Japanese utility Shikoku Electric Power Co. and trading house Mitsui & Co. have invested in the 10 MW hydroelectric power project in Indonesia developed by PT Terregra Asia Energy.&...
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February 28, 2019
Aura Green Energy to build 12 MW EFB-fired biomass project in Sumatra
The Japanese company, Aura Green Energy, is set to build a palm plantation biomass power plant in the Aceh special province of Sumatra, Indonesia. The 12 MW biomass power plant will generate powe...
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December 05, 2018
RATCH acquires stake in 180 MW Indonesian hydro project major shareholder
RH International (Singapore) Corporation (RHIS), a subsidiary of Thai-listed electricity producer Ratchaburi Electricity Generating Holding Pcl (RATCH), has acquired 50 per cent stake in Fareast Renew...
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October 24, 2018
US$1.3 billion financing secured for 1.76 GW gas-to-power project in Indonesia
Indonesian companies PT Jawa Satu Power (JSP) and PT Jawa Satu Regas (JSR) have secured US$1.312 billion financing for the Jawa 1 Gas-to-Power Project.
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September 13, 2018
MoU signed for 2 GW expansion of coal-fired power station in Indonesia
Doosan Heavy Industries & Construction (DHIC) has announced that it has signed a Memorandum of Understanding (MoU) to construct two 1,000 MW coal-fired power plants in Cilegon, Bant...
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