Indonesia Dealbook: Elnusa teams up with Chevron, Pertamina for flare gas plant; MNC Sky to raise $58m via private placement

Indonesia Dealbook: Elnusa teams up with Chevron, Pertamina for flare gas plant; MNC Sky to raise $58m via private placement

Photo By Elnusa

Publicly listed oil and gas company PT Elnusa Tbk (ELSA) will team up with parent company PT Pertamina and American energy corporation Chevron to develop flare gas-powered plants in Indonesia. In another deal, Indonesian cable television operator PT MNC Sky Vision Tbk (MSKY) is planning to raise Rp 771 billion ($58 million) through private share placement.

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