Daily Insights Archive

KUFPEC Opens Pre-FEED Tender for Anambas Block

KUFPEC is in the market for a company to carry out the concept selection and pre-front-end engineering and design (FEED) study work to exploit its 2022 Anambas significant gas condensate discovery block offshore Indonesia.

Energy Round Up December 9, 2022

The State-Owned Enterprises Ministry hopes that Pertamina's due diligence process in taking over Shell's 35-percent participating interest in the Masela Block can be completed in the first quarter of 2023.

Startup Layoff Season Isn't Over Yet

E-groceries startup Sayurbox and job search platform Glints laid off their employees. The wave is expected to continue along with the threat of a global economic recession in 2023.

Corporate Actions Round Up December 9, 2022

PT Pupuk Kalimantan Timur plans to build a new fertilizer plant in Papua and West Papua worth US$2 billion after its initial public offering in 2023.