Archive: 10 July 2008
31 articles found
Thu, 10 Jul 2008
Power cuts turning investors off Indonesia - businesses say
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...
Thu, 10 Jul 2008
Economy expands 6.2% in H1 on strong consumption, investment
Aditya Suharmoko, The Jakarta Post, JakartaThe 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.
Thu, 10 Jul 2008
Internationalization of RI firms: A necessity
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.
Thu, 10 Jul 2008
Biofuel use soon to become mandatory
Alfian, The Jakarta Post, JakartaThe 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.
Thu, 10 Jul 2008
Indonesia, world's largest producer of palm oil, to force manufacturers to use biofuel
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...
Thu, 10 Jul 2008
Power cuts turning investors off Indonesia - businesses say
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.
Thu, 10 Jul 2008
Government asks Industry to Cut Electricity Usage by 50 percent
Thursday, 10 July, 2008 | 15:27 WIBTEMPO 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,...
Thu, 10 Jul 2008
Poor farmers boosted by bioethanol boom
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...
Thu, 10 Jul 2008
Bakrie Sumatera to increase stake in Agri Resources
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...
Thu, 10 Jul 2008
Antam to team up with India's Jindal to produce steel
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.
Thu, 10 Jul 2008
Trade minister promotes Batam, Bintan and Karimun in Japan
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.
Thu, 10 Jul 2008
Eterindo to acquire two oil palm plantations
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.
Thu, 10 Jul 2008
Indofood to build two sugar refineries
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.
Thu, 10 Jul 2008
Saudis plan Rp600B rice estate investment
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.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
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.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Originally Posted By: Polisi CepekOriginally Posted By: DilliPolisi, 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.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
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.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Originally Posted By: DilliPolisi, that bell rings throughout Indonesia, but, I will say, not with the multi-nationals. In this case they had Santos as a major shareholder..
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Cannot tell, never did any work with / for them, but I have heard a few stories which can be classified under "horror"
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
I assume CNOC doesn't fall under the "multinational" payung?
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Polisi, that bell rings throughout Indonesia, but, I will say, not with the multi-nationals.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
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).
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
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.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Originally Posted By: DilliJogja 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...
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
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!
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Quote:THE CAUSE - in search for an explanationN E D E R L A N D SHere 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...
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
What actually happened.....as far as I can make outBPJ-1 Well data sheet Well Name = Banjar Panji 1 Basin = East Java Basin Political Province = Jawa Timur Situation = Onshore Spud Date = March 08,2006 Well Class = Exploration New-field wildcat Operator = Lapindo Brantas Inc Contract area = Brantas...
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Captain Don Gentile's P-51B-5 MustangA One-Man Air ForceAllied 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”.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Originally Posted By: DilliNormal 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.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
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.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
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...