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gas-block

Business 7 years ago

Rokan’s fate to be decided next week

The government is expected to decide the future of Rokan Block, the country’s most productive oil block, in the next week as proposals from two potential operators have been submitted and evaluated.

Business 8 years ago

Govt steps up efforts for gas-rich Masela block

The government is trying to expedite the completion of the master plan for the development of the Masela block in Arafura Sea as it prioritizes efforts to find prospective off-takers responsible for gas production in the block.

Business 8 years ago

Pertamina secures gas supply from ConocoPhillips’ Corridor Block

State-owned energy giant Pertamina has signed a gas sale and purchase agreement with American oil and gas giant ConocoPhillips to secure a gas supply totaling 65 trillion British thermal units (BTU) from the latter’s Corridor Block in South Sumatra within the period from 2018 to 2023.

Business 8 years ago

ExxonMobil withdraws from Natuna Gas Consortium

The Energy and Mineral Resources Ministry has announced that ExxonMobil has withdrawn itself from the Natuna Gas Consortium after studying the results of a feasibility study conducted on the block by the consortium’s members.

Business 8 years ago

Malaysia’s Genting Oil to revise development plan for Kasuri block

The Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) has asked Malaysian oil and gas company Genting Oil to revise its development plan for gas fields at the Kasuri block in West Papua.

Business 8 years ago

Indonesia's PGN eyes LNG projects in Bangka Belitung, Pontianak and Nias

State-owned gas company PGN expects it can win this year a tender to build and operate liquefied natural gas (LNG) infrastructure in Bangka Belitung, Pontianak and Nias in a bid to strengthen its grip on the downstream sector in the country.

Business 8 years ago

East Natuna to be exploited under gross split contract

The Energy and Mineral Resources Ministry confirmed on Tuesday that the impending production sharing contract (PSC) for the East Natuna gas block will be implemented under a gross split scheme.