Indonesia initiates first 2024 oil and gas block auction, offering 5 blocks including Pesut Mahakam (East Kalimantan), Central Andaman, and Melati (Sulawesi)
Indonesia initiates first oil and gas block auction for 2024, offering five blocks including Pesut Mahakam in East Kalimantan, Central Andaman exploration blocks, and Melati block in Sulawesi. The latter has onshore and offshore fields with 4.7 trillion cubic feet of gas and 850 million barrels of oil. The government plans to offer up to ten new blocks in 2024, also considering gas blocks in northern Sumatra.
May 14, 2024
4 Articles