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View all search resultsThe Energy and Mineral Resources Ministry recently announced a regulation that will open access for industry stakeholders to the nation’s oil and gas data that is expected to encourage exploration and exploitation in a time of need.
The Energy and Mineral Resources Ministry has given assurances that the three existing operators at the Corridor Block in South Sumatra will continue to play their respective roles after their contracts expire in 2023, even after state-owned holding company Pertamina takes over operations.
The Energy and Mineral Resources Ministry on Monday recorded a US$10.95 million investment commitment from operators (KKP) for exploration activities and well developments in three oil and gas blocks that were auctioned last year.
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