Kazakhstan is currently negotiating terms of a memorandum of understanding (MoU) with Indonesia for further oil and gas exploration in the former's territory. The signing of the MoU, which was initiated by Indonesia and encompasses oil, gas and other energy sectors, was previously scheduled for an earlier date, but was postponed due to technical difficulties.
On April 14th 2016, a delegation from Indonesia visited Atlas Copco’s Booth in Bauma 2016. One of the biggest expo for Construction and Mining held in Munich, Germany. The visits was part of Indonesian Delegation Agenda to cross - information of Atlas Copco product and infrastructure projects in Indonesia.
The Energy and Mineral Resources Ministry has said that government approval is required for a local group’s plan to buy a controlling stake in the local arm of Newmont Mining Corp. Prominent businessman Arifin Panigoro recently claimed that he had received approval from President Joko “Jokowi” Widodo for an Indonesian consortium to buy a controlling stake in Newmont Nusa Tenggara in a deal that insiders say could reach US$2 billion.
Publicly listed miner PT Petrosea has opted to focus on engineering and project management services to counter the impact of sluggish commodity prices. Petrosea, a subsidiary of PT Indika Energy, reported an income decrease of 40.6 percent in 2015, making US$207 million compared with $348 million in 2014.
In an era where information is power and computational data is vital to plant operators, monitoring and diagnostic systems are supporting the operation of industrial gas turbines worldwide. These systems increase the reliability of turbines powered by natural gas, providing early warning and fault diagnostics. Early fault detection can provide significant benefits, including the avoidance of unscheduled outages and equipment damage. The systems also can monitor and assist in maintaining the turbine performance.
Approximately 580, 000 people from 200 countries attended Bauma, highlighting continued strength in the global mining industry, April 11 – 17.
This attendance figure is an increase of more than nine per cent compared to previous years, with a total of 3423 exhibitors from 58 different countries showcasing their developments, innovations, and products. They presented over a record exhibition space size of 605 000m2, while 63 per cent of exhibitors came from outside of Germany, higher than previous fairs.
Rio Tinto has posted mixed production results, showing year on year increases in iron ore, but quarter on quarter declines. It has also lowered its iron ore guidance for 2017. The miner recorded a 13 per cent increase year on year in its global iron ore production rates, with 84 million tonnes produced, however this figure was four per cent less than it produced in the fourth quarter of 2015.
The State-Owned Enterprises (SOEs) Ministry is in discussions with oil and gas firm PT Medco Energi Internasional concerning its possible acquisition of a controlling stake in the local arm of Newmont Mining Corp.
The ministry’s assistant for mining, strategic industry and media, Fajar Harry Sampurno, said over the weekend that his office had talked with the publicly listed company about the plan.
PT Bruder Utama Nusantara (BUN) is pleased to announce a distributor agreement with DIECI S.r.l. Italy to carry their range of Telescopic Handlers, Self-loading Concrete Mixers and Dumpers in Indonesia.
Dieci is the manufacturer of class leading ranges of Telescopic telehandlers, Mixers and Dumpers for Construction, Industry and Agricultural uses. Dieci produced their first telescopic handler in 1983 (the first in Europe) and have been producing cement Truck mixers since 1962.
Thiess has won two contracts for work in Indonesia and Australia The group was awarded a three year contract extension for its work at the Melak coal mine, in Indonesia.
The contract, worth $180 million, sees the miner continue operations at the East Kalimantan site until December 2019. “The Melak contract extension is a testament to our performance at the mine since 2008; we are pleased to extend our partnership with the Bayan Group,” Wright added. Also recently awarded was a 14 month contract award for underground mining at BHP’s Nickel West’s Leinster 1A orebody.
There are two fundamental reasons training is often a bust. First, training aimed at solving a problem is usually directed toward the outcome of the problem, the SYMPTOM – weight in the case of obesity – not the underlying systemic factors that are coming together (too much food, too little exercise) to produce the obesity – the problem.
Second, if training is focused on imparting information (i.e. primarily talking), it will always fall short of producing the long-term behavioral change required to achieve the desired results. Training fails when we do not have a way for participants to test, practice and transfer what they have heard in the classroom to their roles on the job.