The completion of the JTB Project’s drilling operation and rigless campaign is faster than expected. PEPC also cuts the cost and operational time by 11 and 21 percent, respectively.
Shopee's parent company, Sea Ltd, has reportedly acquired PT Bank Kesejahteraan Ekonomi (BKE) through its subsidiary, Turbo Cash Hong Kong Ltd. According to a D-Insights source, Sea Ltd also gets the green light from the OJK to acquire another bank.
Bukalapak recently raised US$200 million or approximately Rp 2.8 trillion in funding from Standard Chartered Plc, encouraging expansion to catch up with other unicorn startups.
SKK Migas expects that Pertamina can apply EOR technology in the Rokan Block by 2024, targeting to spur the Riau-based oil and gas working area's production.
BP-AKR keeps expanding its business by adding more fueling stations (SPBU). This year, they plan to erect 15 gas stations in the Jabodetabek and Surabaya areas.