The biggest source of natural gas in Indonesia, the block is currently owned by France’s Total and Japan’s Inpex, but will pass into the state-run firm’s hands in 2018. The role of the French super-major in the block’s production is to be worked out over the following two weeks.
Pertamina will begin investing in 2017 in order to negate any sort of decline in production on the mature field. It plans to drill 19 new wells beginning in Q2 2017 with the involvement of Total.
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Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More
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