Eni has won the bid for a new license area in Indonesia near its existing discoveries in the Southeast Asian archipelago. “The Sapukala offshore block covers a large area in the deep-water sector (1,000-2,500 m water depth) of the Kutei Basin, East Kalimantan”, the Italian state-controlled company said in a press release. “The acreage is […]
Eni has been awarded a 100% participating interest in the Sapukala offshore exploration block in Indonesia’s Kutei basin as part of the country’s first 2026 petroleum bidding round. The Sapukala block covers deepwater acreage in water depths ranging from 1,000 to 2,500 meters offshore East Kalimantan. The acreage is adjacent to Eni’s existing operated […]
STRYDE has secured an agreement to supply 12,000 seismic nodes and its Nimble Seismic Acquisition System to Indonesian inspection and survey services company PT SUCOFINDO for an upcoming seismic survey.
Indonesia Energy Corporation (IEC) has begun operations on the K-29 well, marking the start of its planned two-well drilling campaign at the Kruh Block in Indonesia.
Eni SpA said it has signed long-term agreements for the sale of natural gas produced from its operated projects in Indonesia’s Kutei Basin and liquefied at the existing Bontang facility.
BP PLC has signed three new production sharing contracts (PSCs) in Indonesia, which it said present potential for fast-tracked development. Two of the PSCs, the Bintuni and Drawa exploration blocks, sit near the BP-operated Tangguh LNG in Papua Barat province, a six-field project that started production 2009 and is now producing up to 11.4 million […]
Indonesia has inaugurated the upgraded Balikpapan refinery, expanding capacity from 260,000 bpd to 360,000 bpd and marking the country’s largest refining facility, international media reported on Monday.
Malaysia’s Petroliam Nasional Bhd (Petronas) and Italy’s Eni SpA on Monday announced a binding agreement to combine their assets in Indonesia and Malaysia into a company equally owned by the state-controlled oil and gas producers.
Indonesia looks to unlock its upstream potential by offering more than 100 previously untapped oil and gas basins to global investors for exploration.
Indonesian state-owned oil and gas company PT Pertamina has signed a deal to acquire a 24.5 percent stake in the Bobara production sharing contract (PSC) off West Papua Province from Malaysian counterpart Petroliam Nasional Bhd (Petronas).