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The company was founded by Indonesian businessman Arifin Panigoro in 1980 and is headquartered in Jakarta, Indonesia. [3] [4] In October 2015, the company bought an interest in the Singa gas field in the Lematang Block located in South Sumatra for $22 million [5] and, in May 2019, the company acquired Ophir Energy in a deal valued at $517.6 million.
It has 15 palm oil mills with a total refining capacity of 1.8 million metric tonnes of FFB (fresh fruit bunches) per year from its 98 estates throughout Malaysia and Indonesia. [7]: 7 With oil yield of some six tonnes per hectare per year at its mature estates, IOI is the most efficient plantation company in the world. [8] Malaysia's oil palm ...
Bumi Armada Berhad is an oilfield services company which provides marine transportation, engineering and maintenance services to the offshore oil and gas industry.It is based in Kuala Lumpur, Malaysia, and has operations in Southeast Asia, South Asia, West Africa, Central Africa, Europe, South America and the Caspian Sea region.
During the 1980s, Indonesia was a significant oil-exporting country. Since 2000, domestic consumption has continued to rise while production has been falling, so in recent years Indonesia has begun importing increasing amounts of oil. Within Indonesia, there are considerable amounts of oil in Sumatra, Borneo, Java, and West Papua Province.
The MT Arman 114 was carrying 272,569 metric tons of light crude oil, valued at 4.6 trillion rupiah ($304 million), when it was seized last week, the Indonesian authorities said. ... -Indonesia's ...
Energi Mega Persada (“ENRG”) a company focused on developing and exploring the upstream oil and gas in Indonesia was founded. [6] Bakrie Group also acquired 80% of the coal mining company PT. Arutmin Indonesia (Arutmin) from BHP Minerals Exploration Inc, and PT Kaltim Prima Coal from (British Petroleum (BP) and Rio Tinto, in 2003.
Eagle High Plantations, formerly known as BW Plantation, is an Indonesian company active in oil palm plantations and palm oil manufacturing. [1] It is listed since 2009 on the Indonesia Stock Exchange as BWPT.
Kuala Lumpur Kepong Berhad (KLK) (MYX: 2445) is a Malaysian multi-national company.The core business of the group is plantation (oil palm and rubber). The company has plantations that cover more than 250,000 hectares [3] in Malaysia (both Peninsular and Sabah) and Indonesia (Belitung, Sumatra and Kalimantan).