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oil-and-gas-blocks

Government expects to name operators of 7 blocks in November
Business 7 years ago

Government expects to name operators of 7 blocks in November

The Energy and Mineral Resources Ministry expects to name the operators of seven oil and gas blocks, including four onstream blocks, in November.
Where to find new giant oil and gas fields
Opinion 7 years ago

PREMIUM
Where to find new giant oil and gas fields

So how will Pertamina develop new or existing blocks?
Indonesia opens bidding for six oil and gas blocks
Business 7 years ago

Indonesia opens bidding for six oil and gas blocks

The Energy and Mineral Resources Ministry opened on Monday tenders for six oil and gas blocks, three of which are onstream sites.
Indonesia to auction three onstream blocks in August
Business 7 years ago

Indonesia to auction three onstream blocks in August

The government is set to open bidding for three ready-to-produce oil and gas blocks — Makassar Strait, Selat Panjang and South Jambi B — in the first week of August.
Rokan’s fate to be decided next week 
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. 
Govt closes three new exploration block deals
Business 7 years ago

Govt closes three new exploration block deals

The government signed on Tuesday three oil and gas exploration blocks under a gross-split contract for US$40.90 million in total investment and a $2.5 million signature bonus, bringing the total deals closed to nine since auctioning commenced in January.
Energy ministry inks new gross-split PSC for four blocks
Business 7 years ago

Energy ministry inks new gross-split PSC for four blocks

The Energy and Mineral Resources Ministry on Wednesday signed a 20-year production-sharing contract (PSC) worth US$148.4 million for operating four oil and gas blocks under the gross-split scheme, whose current contacts expire in 2019 and 2020.
Government appoints 5 operators for $292m oil and gas blocks
Business 7 years ago

Government appoints 5 operators for $292m oil and gas blocks

The government has appointed operators to manage five of six oil and gas blocks, the contracts on which expire in 2020. The blocks will be operated using the gross split production sharing scheme.
Handover of 12 blocks to save Pertamina’s finance: Minister
Business 7 years ago

Handover of 12 blocks to save Pertamina’s finance: Minister

Energy and Mineral Resources Minister Ignasius Jonan is optimistic the handover of 12 on-production oil and gas blocks is enough to give state-owned energy giant Pertamina a boost.
Government hands over oil blocks in gross split scheme
Business 7 years ago

Government hands over oil blocks in gross split scheme

The government has officially signed contracts for two oil and gas exploration blocks under the gross split scheme.
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