Neptune targets Indonesian growth
The company is focused on increasing throughput at its Jangkrik FPU but is keen to consider fresh opportunities
UK-headquartered Neptune Energy is seeking to raise its gas production in Indonesia, says Eko Lumadyo, managing director of the firm’s local business, although he adds the country may struggle to reverse the overall decline in its output. Indonesia’s bureaucracy can be challenging to navigate, particularly compared with some neighbouring countries, admits Lumadyo. That is especially the case for the developers of onshore projects, which must deal with overlapping regulators and authorities from the central and regional governments as well as engage with local communities. Offshore projects, on the other hand, face fewer complications, as those more than 12 miles from the coast are handled di

Also in this section
5 March 2025
The oil alliance’s decision to keep to the plan amid tightening economic fundamentals seems to have been lost in the global geopolitical maelstrom, misplaced market speculation and haze of conjecture
5 March 2025
Petronas is making huge efforts to arrest falling oil production and accelerate gas increases to meet rising demand, but political tensions persist
5 March 2025
Plans to boost capacity have seen little progress as the country lags behind other major oil consumers and importers
4 March 2025
The US and Canada are boosting capacity builds for renewable diesel and biofuels, while Central and South American countries are investing heavily to upgrade and expand their domestic refining sectors