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View all search resultsShell is selling its gas station business and related supply and distribution operations, but not its lubricant business, to an Indonesian-Philippine joint venture, with the transfer process to be completed by the end of next year.
The South Korean company previously signed a memorandum of understanding for a project in the planned new capital city of Nusantara and secured a contract for piping at the BP-operated Tangguh LNG facility in West Papua.
Malaysian oil and gas firm Petronas is in discussions with Indonesia's Pertamina and French energy giant TotalEnergies to develop the offshore Bobara oil and gas exploration block in West Papua, a senior Petronas executive said on Tuesday.
The local subsidiary of US oil and gas giant ExxonMobil plans to finish drilling five wells in the Banyu Urip Field for a total of seven wells at East Java's Cepu Block, including two drills that went online last year.