Inspectioneering
News

Pertamina to Form Refinery Joint Ventures with Rosneft, Saudi Aramco

Reuters, October 3, 2016
Reuters

Indonesian state energy company Pertamina expects to sign a joint venture agreement with Russian oil major Rosneft for the Tuban oil refinery development project, a company official said. The official, who declined to be named because he was not authorised to speak to the media, said the venture agreement was expected to be signed on Monday and would include an agreement on two producing oil and gas blocks in Russia. An announcement on the matter is expected on Tuesday.

Pertamina also expects to form a joint venture with Saudi Aramco for the Cilacap refinery upgrade project in December, the official said. A decision on whether to go ahead with Aramco on the Balongan and Dumai refinery upgrades will be made in the coming months, the official said.

 

(Reporting by Wilda Asmarini; Writing by Fergus Jensen; Editing by Christian Schmollinger)

 

Click here to read the full article from Reuters.

Copyright 2017 Thomson Reuters. Click for restrictions.

Comments and Discussion

There are no comments yet.

Add a Comment

Please log in or register to participate in comments and discussions.

Interested in equipment reliability & integrity? Sign up for weekly updates.

Inspectioneering Journal

Explore over 20 years of articles written by our team of subject matter experts.

Company Directory

Find relevant products, services, and technologies.

Job Postings

Discover job opportunities that match your skillset.

Case Studies

Learn from the experience of others in the industry.

Event Calendar

Find upcoming conferences, training sessions, online events, and more.

Industry News

Stay up-to-date with the latest inspection and asset integrity management news.

Blog

Read short articles and insights authored by industry experts.

Acronyms

Commonly used asset integrity management and inspection acronyms.

Asset Intelligence Reports

Download brief primers on various asset integrity management topics.

Videos

Watch educational and informative videos directly related to your profession.

Expert Interviews

Inspectioneering's archive of interviews with industry subject matter experts.