Indonesia grants new oil blocks contracts in the third bidding round

Source Reuters
Company PertaminaMitsui Oil Exploration Co, LtdPearloil (Theralite) Ltd.Repsol 
Tags Licensing Rounds, Upstream Activities
Date December 27, 2018

Indonesia has announced the winner of its third bidding round that will operate oil and gas blocks in three locations, Deputy Energy Minister Arcandra Tahar, said on Thursday.

The winners are:

Pearloil (Theralite) Ltd. for South Andaman block, located at offshore Andaman Aceh

* Talisman Java B. V. and Mitsui Oil Exploration Co. Ltd. For South Saka Kemang block, located at onshore South Sumatra

Pertamina for Maratua block, located at both onshore and offshore North and East Kalimantan There was no winning bid for Anambas block, located at offshore West Natuna.

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