Rigzone – Andalas Could Become ‘Material Player’ in Indonesia Gas to Power Outlook
Andalas Could Become ‘Material Player’ in Indonesia Gas to Power Outlook by Andreas Exarheas Andalas Energy and Power Plc, in collaboration with Pertamina, has identified a further two gas fields in central Sumatra suitable for wellhead IPP (independent power project) development. “The scalability of our gas-to-power offering in partnership with Pertamina is clear. In […]
Andalas Energy and Power (ADL) – Update on Tuba Obi East
Andalas Energy and Power Plc, the AIM listed Indonesian focused energy Company (AIM: ADL), provides an update on the Tuba Obi East oil and gas concession in the South Sumatran Basin. Tuba Obi East is one of a cluster of three gas fields identified by Andalas as suitable for development as an integrated wellhead independent […]
Andalas Energy & Power (ADL) – Operations Update
Andalas Energy and Power (AIM: ADL), the AIM traded Indonesian focused energy company, is pleased to provide an update on its activities in Indonesia including the completion of a feasibility study for its first 60 MW wellhead gas to power project in partnership with Pertamina, Indonesia’s national oil company in the Jambi province of Sumatra. […]
Andalas Energy and Power (ADL) – Interim results
Andalas Energy and Power Plc, the AIM listed Indonesian focused upstream oil and gas and power company (AIM: ADL), is pleased to announce its half-yearly report for the six months ended 31 October 2016. Highlights: Readmission to AIM to focus on upstream oil, gas and power opportunities in Indonesia Milestone cooperation agreement with Pertamina, Indonesia’s […]
Andalas Energy and Power (ADL) – First Gas-to-Power Project Submitted for Government Approval
Andalas Energy and Power Plc, the AIM traded Indonesian focused energy company (AIM: ADL), is pleased to announce that it has submitted an application for its first gas to power project of 2 x 30MW to be included in the Republic of Indonesia’s Electricity Supply Business Plan (‘RUPTL’). The application follows the signing of an […]
Indonesia state firms told to triple investment to help stoke growth – Andalas Energy (ADL)
State firms told to triple investment to help stoke growth by Viriya P. Singgih, Jakarta Post State-owned companies are expected to triple their investment value in the next two years to reach Rp 895 trillion (US$68.02 billion) in 2018 in support of President Joko “Jokowi” Widodo’s 6 percent economic growth target. State-Owned Enterprises (SOE) […]
Andalas Energy & Power (ADL) – Gas to Power Update
Andalas Energy and Power Plc (ADL), is pleased to provide an update on its landmark agreement with PT Pertamina (Persero) (‘Pertamina’). The Agreement sees both parties working in cooperation to fast-track the commercialisation of marginal gas fields within Pertamina’s acreage in the Sumatran provinces of Jambi, Riau and South Sumatra, via the roll-out of the […]
Andalas Energy and Power (ADL) – Final results
Andalas Energy and Power Plc, the AIM listed Indonesian focused upstream oil and gas and power company (AIM: ADL), is pleased to announce its preliminary results for the year ending 30 April 2016. The Company’s Annual General Meeting will be held at 1.00 p.m. on 24 November at the Company’s registered office, IOMA House, Hope […]
Pertamina, Marubeni, Sojitz to Win $2bn Java-1 Powerplant Contract – Andalas Energy & Power (ADL).
A consortium led by state energy company Pertamina has secured first place in the bidding for $2 billion contract for 1,600 megawatts power plant Java-1 in West Java, state utility company Perusahaan Listrik Negara said on Thursday (13/10). Pertamina, which was joined with Japanese trading and investment business conglomerates: Marubeni and Sojitz, outbid rivals consortium led by Adaro […]
Andalas Energy and Power (ADL) – Corporate Update & Company Presentation
Andalas Energy and Power Plc, the AIM listed Indonesian focused oil and gas exploration company (AIM: ADL), is pleased to provide an update on its activities in line with its strategy to roll out gas-to-power projects in Indonesia, which it believes can make a significant contribution to the country’s power shortfall at the local level. […]