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Indonesia

Pertamina takes over eight blocks

JAKARTA, April 17, 2018 – SKK Migas has given Indonesian NOC Pertamina permission to take over eight blocks when the current contracts expire, local media reported Tuesday.

 

The operators have opted not to renew their contracts on the North Sumatra Offshore, Ogan Komering, Southeast Sumatra, Tuban, East Kalimantan, Attaka, Tengah and Sanga-Sanga blocks.

“After long discussions, all of them [eight blocks] are given to Pertamina,” SKK Migas head Amien Sunaryadi was quoted as saying by The Jakarta Post, adding that the NOC was open to negotiating joint operations on the blocks. 

Another 22 blocks are set to expire between 2019 and 2026.

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