PLN doesn't want to invest in new plants, mostly because they can't really be arsed, they get paid one way or the other, and on the other hand if they want to build a new plant, there's about a dozen (or more) civil "servants" all holding up their hand for a proper little bit of palm grease.

Aditya Suharmoko, The Jakarta Post, Jakarta The economy has grown by 6.2 percent in the first half of the year on the back of strong consumption and investment, Finance Minister Sri Mulyani Indrawati said Wednesday. "The growth in the first semester was boosted by private consumption, investment and exports. High import of capital goods indicates investment will increase in the third and fourth quarters," Mulyani told a press conference.

The Academy of International Business (AIB), which celebrated its 50th anniversary this year in Milan, just concluded a few days ago. More than 1,100 scholars presented their work and gurus gave impressive talks about the past, present and future of international business. A loud and well-told message from this event is the rise of two new species in the "zoology" of IB: Multinational enterprises from emerging economies in Asia, Eastern Europe and Latin America, and born global firms, i.e.

Alfian, The Jakarta Post, Jakarta The government will impose a new regulation in October demanding manufacturing companies use at least 2.5 percent biofuel in their fuel consumption to reduce their dependency on fossil fuel. "The regulation is expected to be issued in September and will come into effect one month after that," said the national team for biofuel development head, Al Hilal Hamdi, in a hearing with law makers in Jakarta on Wednesday.

Indonesia, the world's largest producer of palm oil, plans to force manufacturers to use biofuels for some of their energy needs to reduce dependence on imported oil amid soaring global prices. The government also wants to cut spending on fuel subsidies, which were put in place decades ago to protect the country's poorest but now account for almost half the budget.

JAKARTA (Thomson Financial) - Foreign investors are shying away from Indonesia due to chronic power outages, the chairman of the country's business association said Tuesday as Jakarta prepared for two weeks of blackouts. Businesses are bracing for millions of dollars in losses when the capital and its densely-populated surroundings experience rolling power cuts of eight hours a day for two weeks from Friday.

Thursday, 10 July, 2008 | 15:27 WIB TEMPO Interactive, Jakarta: The State Electricity Company (PLN) suggested large consumer like industries and offices to reduce the electricity usage by 50 percent. “We can economize more,” said PLN's General Manager for distribution in Jakarta-Tangerang, Purnomo Willy yesterday. He claimed large industries and offices consume most of the electricity supply in Jakarta.

Cassava farmers in Lampung are reaping the benefits of bioethanol factories springing up in the area, The Jakarta Post reported. Bioethanol refineries, including PT Medco Energy, PT Acida Tama, PT Madusari Lampung Indah (MLI) and PT Sungai Budi, have flourished in the area, lifting production capacity to between 180,000 liters and 60 million liters annually. Thanks to their presence, the production of cassava has surged significantly.

Shareholders of PT Bakrie Sumatera Plantations, an Indonesia's third-biggest publicly traded plantation company, agreed to a proposal to take control of Agri Resources BV, Bloomberg reported. Bakrie Sumatera will spend $41 million to increase its stake in Agri Resources to 51% from 25%, president director Ambono Janurianto said. Agri Resources has a total of 29,000 hectares of palm oil plantation in South Sumatra and Jambi provinces.

State-owned mining company PT Aneka Tambang (Antam) has said it will build a nickel smelter and stainless steel plant this year, in cooperation with Jindal Stainless Ltd from India, Asia Pulse reported. Antam and Jindal are still conducting a feasibility study on the $700 million project to be built in Kendari, Southeast Sulawesi, Antam president Alwin Syah Lubis told the newspaper Investor Daily.

Trade Minister Mari Pangestu arrived in Tokyo on Monday to attend an investment seminar in which she will promote the Free Trade Zone (FTZ) in Batam, Bintan and Karimun (BBK) in Riau Islands province, Asia Pulse reported. "Promoting the FTZ in BBK among Japanese investors is a must because our Economic Partnership Agreement (EPA) with Japan is to go into effect on July 1. We have to support the accord's implementation with promotions," she said.

Publicly listed bio-diesel producer PT Eterindo Wahanatama will spend Rp206.45 billion ($22.8 million) this year to acquire oil palm plantations in East and West Kalimantan, Asia Pulse reported. The acquisition will be financed with funds raised from the sales of its shares worth Rp180.14 billion ($19.63 million) in chemical company PT Petrowidada and shares valued at Rp108.33 billion in PT Eternal Buana Chemical Industries, a company official said.

Publicly listed food giant PT Indofood Sukses Makmur will invest Rp1.2 trillion ($128 million) to build two sugar refineries in Pati, Central Java and in Ogan Komering Ulu, South Sumatra, Asia Pulse reported. The two factories, to be operated by its subsidiary PT Lajuperdana Indah, are expected to be operational in 2010, Indofood director Thomas Tjhie said, according to Bisnis Indonesia.

A consortium of 15 Saudi Arabian investors is ready to take part in the Merauke Integrated Rice Estate (MIRE), injecting at least Rp600 billion ($65.04 million) into the region, an official says, The Jakarta Post reported. The Agriculture Ministry's Secretary General, Hasanuddin Ibrahim, said each investor wanted to open about 5,000 to 10,000 hectares of land in Merauke, Papua. "To open the land, investors need about Rp8 million to Rp10 million per hectare.

I beleieve Medco owned about 32% and also committed all of its assets within Brantas to resolving the issue. Again, on this occassion, Medco were similar to Santos as only EMP & Brantas were involved in day to day operations.

Originally Posted By: Polisi Cepek Originally Posted By: Dilli Polisi, that bell rings throughout Indonesia, but, I will say, not with the multi-nationals. In this case they had Santos as a major shareholder.. And Lapindo Brantas, part of Medco Energi, which fancies itself as a multinational.

Santos were not involved in the day to day, they only put the money up. Interestingly, it appears they were also the only partner properly insured, but, that did not help their shares taking a beating.

Originally Posted By: Dilli Polisi, that bell rings throughout Indonesia, but, I will say, not with the multi-nationals. In this case they had Santos as a major shareholder..

Cannot tell, never did any work with / for them, but I have heard a few stories which can be classified under "horror"

I assume CNOC doesn't fall under the "multinational" payung?

Polisi, that bell rings throughout Indonesia, but, I will say, not with the multi-nationals.

You stop all rotary table action and secure slips around the drill string, switch flow through the choke and kill manifold if not in use already and get prepared to increase the mud weight if a well kill is required (for example if constant circulation fails to get rid of the inflow). Kmow what you mean about shitty work for shitty pay but these guys were relatively experienced, just never encountered a kick before.

A very interesting account, more detailed than those I've seen before. I have no expertise in this but I gather that part of the reason we will never know the truth is that the documentation which was sent to BP Migas on a continuous basis was often fictive. I don't know if that includes the well data sheet above.

Originally Posted By: Dilli Jogja was used as an excuse...I included it to highlight the teflon shoulder approach they adopted. Yes, when the trip tank alarm goes off, everyone is supposed to take action to control the mud system, in this case they all ran away! I assume you directly stop drilling to stop the thing twisting off, or do you have torque monitors for that? To be honest for a bowl of rice a day I would run away too.

Jogja was used as an excuse...I included it to highlight the teflon shoulder approach they adopted. Yes, when the trip tank alarm goes off, everyone is supposed to take action to control the mud system, in this case they all ran away!

Quote: THE CAUSE - in search for an explanation N E D E R L A N D S Here follows an attempt to explain what happened. The Porong district at East-Java, had for long time been an area with small villages, some factories, rice-fields, a relatively big river, and a highway connecting the big cities of Surabaya and Malang. It seemed to stay that way forever.

What actually happened.....as far as I can make out BPJ-1 Well data sheet Well Name = Banjar Panji 1 Basin = East Java Basin Political Province = Jawa Timur Situation = Onshore S pud Date = March 08,2006 Well Class = Exploration New-field wildcat Operator = Lapindo Brantas Inc Contract area = Brantas PSC Original Latitude = -7.527083 deg Original Longitude = 112.712500 deg TD = 9272 ft Depth Ref Elevation = 37.00 ft Ground Elevation = 11.00 ft Objective Depth = 8500 ft Objective Lithology =...

Captain Don Gentile's P-51B-5 Mustang A One-Man Air Force Allied Commander-in-Chief Dwight Eisenhower called Capt. Don Gentile his one-man air force. Captain Gentile compiled 28 “kills” of which 15� came while piloting his P-51B Mustang “Shangri-La”. The Mustang was the most successful fighter in history with over 15,500 built for the U.S. and its Allies. Starting out as a project for the R.A.F. in 1940, the Mustang went from design to flown in an incredibly short 117 days.

Originally Posted By: Dilli Normal temperature gradient is 0.1 degree C per every 100 feet. To get down to 180 C they would have to drill @ 4,000 feet. In that area, I think they would have a problem creating a stable well environment given the damage done to the formation already. Nah, this isn't a temp gradient - remember that the mud is colloids in a water/ steam suspension. The steam is acting as a crude "ejector". Because of depth there is a linear pressure gradient.

Normal temperature gradient is 0.1 degree C per every 100 feet metres. To get down to 180 C they would have to drill @ 4,000 feet. In that area, I think they would have a problem creating a stable well environment given the damge done to the formation already.

Well 40-60 C is bloody ambient in Sidoarjo so that isn't the source of the energy. I've looked at some of the low pressure non condensing turbines which will tick along at 8 or 9 bar (175-180C) and whilst they are nowhere near as efficient as high pressure condensors, no one much cares because the energy is free. To run at 9 bar they would need to collect at 100-150 metres.