Upstreamonline.com, 4 Nov 2009
Singapore’s sovereign fund body Temasek Holdings views investment in the oil and gas sector as an opportunity to diversify its portfolio.
Temasek will invest in an Indonesian concession at West Belida, onshore Sumatra through its subsidiary, Orchard Energy.
The outfit has made a three year investment commitment of $5.76 million for the Indonesian PSC, Singapore’s Business Times earlier reported.
Full Story
