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Criterium Energy Ltd. , an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce the restructuring of the acquisition of all the issued and...
Oil & Gas Comparative Guide for the jurisdiction of Indonesia, check out our comparative guides section to compare across multiple countries
ConocoPhillips (COP) has sold its 54% stake in the Corridor PSC in Indonesia to Medco Energi for US$1.4 billion.
Sistem kontrak hulu migas di Indonesia terus mengikuti dan beradaptasi terhadap zaman, sehingga posisi PSC cost recovery atau PSC gross split adalah pilihan yang dalam implementasinya masing-masing memiliki kelebihan dan kekurangannya.
OE staff (Photo: Neptune Energy) Italian supermajor Eni said it has commenced gas production from the deepwater Merakes project, located in the East Sepinggan block in the Makassar Strait, offshore East Kalimantan, Indonesia. The development sits in approximately 1,500 meters water depth in the Kutei Basin. It consists of five subsea wells with production capacity of 450 million standard cubic feet per day (MMSCFD), equivalent to 85,000 barrels of oil equivalent per day (BOED), tied back to the Eni-operated Jangkrik floating production unit (FPU) 45 kil...