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Makassar-Strait-Block

Business 5 years ago

PREMIUM
SKK Migas expects Italy’s Eni to take over gas-rich IDD project by first quarter of 2021

The US$6.98 billion deepwater drilling project is slated to produce 27,000 barrels of oil per day and 844 million standard cubic feet per day of gas starting late 2025.

Business 6 years ago

PREMIUM
‘Fastest extension’: Contracts signed for West Ganal and Pangkah oil and gas blocks

The Energy and Mineral Resources Ministry announced on Friday the signing of contracts with several companies to exploit the offshore West Ganal Block in the Makassar strait and the offshore Pangkah Block in East Java.

Business 7 years ago

Chevron withdraws from Makassar Strait

The government announced on Wednesday that US oil giant Chevron had decided to withdraw its proposal to extend its contract for the Makassar Strait block, which will expire in 2020.

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