Tata Power Co. and PT Medco Energi Internasional have been shortlisted by the Indonesian government to develop a 200-megawatt geothermal power project in the North Sumatra province, an energy ministry official said.
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AED Oil says that the onshore exploration well Gigir East-1 on its 60% owned South Madura Project has commenced drilling and was spudded on July 30.
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BP Indonesia, a unit of BP plc, on Wednesday said there was no change to its strategy or plans in Southeast Asia's biggest economy and that it wants to expand and find new opportunities in Indonesia.
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Vast reservoirs of underground water, heated by the earth’s core, can be harnessed to generate electricity.
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The government expects to soon meet a Singaporean envoy in Jakarta to further discuss a plan to renegotiate gas sales deal between two countries, Energy and Mineral Resources Minister Darwin Zahedy Saleh told reporters Friday.
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