Indonesia Energy and Aguila Energia Enter into MOU
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 24 2025
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Memorandum of Understanding: Indonesia Energy signed an MOU with Aguila Energia e Participacoes during a summit between Indonesian President Prabowo Subianto and Brazilian President Luiz Inacio Lula da Silva.
Project Collaboration: The MOU establishes a framework for cooperation to develop two hybrid energy pilot projects that integrate solar power and natural gas from AEP's assets in Brazil.
Energy Infrastructure Goals: The projects aim to create autonomous energy infrastructure for data centers in Brazil, with an initial generation capacity of 10 MW and potential expansion up to 400 MW.
Funding Sources: The collaboration will explore opportunities using state-funded and other capital sources for the development of the energy projects.
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Analyst Views on INDO
About INDO
Indonesia Energy Corporation Limited is an independent energy company engaged in the oil and gas business. The Company holds two oil and gas assets through its subsidiaries in Indonesia: The Kruh Block and the Citarum Block. It has also identified a potential third exploration block known as the Rangkas area. The Kruh Block is a producing block covering approximately 258 square kilometers and is located 16 miles northwest of Pendopo, Pali, South Sumatra. Of the eight identified oil-bearing structures, three structures (North Kruh, Kruh, and West Kruh fields) have combined proved developed and undeveloped gross crude oil reserves of approximately 2.06 million barrels (with net crude oil proved reserves of over 1.18 million barrels) and probable undeveloped gross crude oil reserves of over 2.44 million barrels. The block has drilled over four oil discoveries and one gas discovery. The Citarum Block, an exploration block, spans an area of approximately 3,924.67 square kilometers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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