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Sigit Product Ltd. has acquired Flowstar IncEffective January 5, 2010, Sigit Products Ltd. has acquired the assets, customer base and key personnel of Flowstar Technologies Inc.
Kuwait, Indonesia to invest $9 billion in refineryIndonesia’s state-owned PT Pertamina and Kuwait Petroleum Corp. plan to invest $9 billion in a joint venture 300,000 b/d refinery in Balongan, West Java.
Inpex to begin building Indonesia's Abadi Field FLNG plantIndonesia's petroleum industry overseer BPMigas has advised that Inpex Corporation is expected to commence construction of the US$10 billion floating liquefied natural gas (LNG) plant in the Timor Sea next year.
AED drilling Indonesia's South Madura test wellED Oil's exploration well Gigir East-1 in its South Madura Project onshore Indonesia's Java Sea Madura Island was spudded on 30 July and is drilling ahead.