7 Oil Producers Exceed Production Targets

Seven Indonesian oil producers (Cooperation Contract Contractors / KKKS) exceeded the 2020 oil production target set in the State Bu...

The Government Will Bid 12 Oil and Gas Blocks

The Ministry of Energy and Mineral Resources (ESDM) will auction 12 conventional and non-conventional oil and gas blocks this year. ...

Pertamina Aims for ExxonMobil's Ration Oil in the Cepu Block

PT Pertamina (Persero) is negotiating with ExxonMobil Cepu Limited to purchase crude oil from the US oil and gas company in the Ban...

These are 11 Contractors who Supply Oil to Pertamina

PT Pertamina (Persero) has secured an agreement with 11 oil and gas contractors aka the Sania Contract of Work Contractors (KKKS) wh...

Extension of Masela Block Contract Agreed

The government agreed to Inpex Corporation's request that the Abadi Plant, Masela Block contract be extended for 20 years. The D...

ConocoPhillips Submits Corridor Block Proposal

The Ministry of Energy and Mineral Resources (ESDM) said that Conoco-Philips had submitted a proposal to develop the Corridor Block ...

Gas Supply Still Surplus Until 2024

Based on the 2018-2027 Indonesia Natural Gas Balance Sheet, gas supply up to 2024 is still surplus, so there is no need for imports....