Masela Block News Today

PT Pertamina targets oil lifting of 420,000 barrels per day (BOPD) in 2024.

Pertamina EP discovered a new gas well in Banggai. Even though it is still being tested, the potential for this well is believed to be good in the future.

The discovery of two large natural gas sources in East Kalimantan and northern Sumatra seas in 2023 offers hope in supporting Indonesia's 2030 gas ...

Indonesia has the opportunity to meet its energy needs independently and play an influential role on the global stage by utilizing its natural gas potential, ...

Indonesia has reportedly approved a revised development plan for the Abadi gas project in the Masela Block.

Arifin Tasrif said the government targeted Masela Block to start its operation in December 2029 at the latest.

A number of oil and gas projects in Indonesia, including Abadi Masela, will apply carbon capture, utilization and storage technology or CCUS. In addition to increasing production, it also reduces CO2 emissions.

Supreme Court Allows Work on Mountain Valley Pipeline to Resume The high court overturned a lower-court ruling, potentially moving the project closer to completion. U.S. oil benchmark...

The sale concerns SUOS’ participating interest of 35% in the Masela PSC, which includes the Abadi gas project.

Oil prices settle at highest since mid-April U.S. and global benchmark crude futures end Tuesday at their highest since mid-April, lifted by signs of tightening supply as traders await central...