Indonesia and Brazil Strengthen Energy Cooperation with Memorandum of Understanding Signed During Brazilian President Lula da Silva's State Visit
MOU Signing: Indonesia Energy Corporation (IEC) signed a Memorandum of Understanding (MOU) with Aquila Energia to explore sustainable off-grid energy solutions in Brazil, particularly for data centers, during a summit between the Presidents of Indonesia and Brazil.
Project Details: The MOU aims to develop two hybrid energy pilot projects integrating solar power and natural gas, with an initial capacity of 10 MW each, potentially expandable to 400 MW, utilizing AEP's resources in Northeast Brazil.
Strategic Collaboration: This partnership combines IEC's expertise in oil and gas with AEP's local knowledge and regulatory engagement, focusing on energy projects in Brazil, a significant global energy market.
Future Prospects: IEC's President highlighted the potential for state financing to accelerate the development of energy assets in both Indonesia and Brazil, including the Citarum natural gas asset and new hybrid power systems.
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Indonesia Energy Corporation Plans to Commence Drilling New Wells in Q1 2026
- Drilling Progress: Indonesia Energy Corporation has completed the construction of drilling pads for its two new wells (K-29 and WK-5) at the Kruh Block, with plans to commence drilling in Q1 2026, which is expected to enhance the company's oil and gas output and strengthen its competitive position in the Indonesian market.
- Equipment Readiness: Drilling pipes, bits, and wellheads have been delivered, and the drilling rig is currently under inspection to ensure optimal operational readiness before drilling begins, thereby improving operational efficiency and reducing potential risks.
- Strategic Assets: IEC's Kruh Block encompasses 64,000 acres of high-quality assets in Indonesia, which are anticipated to significantly support the company's long-term growth and shareholder value, highlighting its strategic focus on developing high-growth energy projects.
- Market Communication: President Frank Ingriselli will present at the DealFlow Discovery Conference on January 28, 2026, to share updates on drilling progress, enhancing investor confidence and increasing market attention on the company's future developments.

Indocia Launches Beta Version of Wallet, Supporting ERC-20 Tokens
- Wallet Officially Launched: Indocia announced today that its wallet's official beta version is now live on Indocia.com, marking a significant milestone in the project's roadmap towards building a secure, non-custodial Web3 ecosystem, which is expected to attract a large user base.
- User-Friendly Design: The wallet focuses on user ownership and security, allowing users to seamlessly connect existing wallets via MetaMask and WalletConnect, simplifying the user experience and addressing the growing demand for self-custody solutions in the global digital asset market.
- Fully Non-Custodial Architecture: The Indocia Wallet is designed to be fully non-custodial, with all private keys and sensitive data stored locally on the user's device, ensuring complete control over assets, aligning with current industry trends towards decentralization and user sovereignty.
- Future Development Plans: The wallet's launch aligns with Indocia's January 2026 timeline, with plans to expand network support and introduce deeper ecosystem integrations, ensuring that user feedback plays a critical role in future updates.






