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Harbour Energy raises 2026 production guidance to 500,000 boed after record year

Harbour Energy averaged a record 501,000 boed over the first nine months of the year, up 6 percent from a year earlier, and lifted full-year production guidance to 500,000-505,000 boed from 490,000-500,000 boed on strong operational performance and the integration of LLOG in the U.S. and Waldorf in the UK. Third-quarter production was 484,000 boed, […]

Indonesia’s oil and gas sector records 221% reserve replacement

Head of the Special Task Force for Upstream Oil and Gas (SKK Migas) Djoko Siswanto. (ANTARA/Putu Indah Savitri) Jakarta (ANTARA) – Indonesia’s upstream oil and gas sector has notched a major strategic milestone, recording an estimated Reserve Replacement Ratio (RRR) of 221.4 percent by the close of 2026, according to the Special Task Force for […]

Indonesia agreed on several upstream oil and gas deals at ADIPEC 2026

Indonesia is once again participating in this year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), held on November 2–5, 2026, at the ADNEC Centre Abu Dhabi, United Arab Emirates. /ANTARA/HO-SKK Migas. Jakarta (ANTARA) – Indonesia’s Special Task Force for Upstream Oil and Gas (SKK Migas) announced the signing of several strategic cooperation agreements in […]

Seadrill secures $420 million Indonesia drilling contract, extends offshore rig deals

 Seadrill Limited has secured new offshore drilling contracts and extensions in Indonesia, Malaysia, Angola and the U.S. Gulf, including a $420 million award for the West Carina drillship, strengthening its contracted rig activity through 2030. In Indonesia, the West Carina was awarded a contract with an undisclosed operator valued at approximately $420 million for a […]

Eni Wins New Block offshore Indonesia

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 awarded deepwater exploration block in Indonesia’s Kutei basin

 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 […]

BP Enters 3 New Indonesian Blocks

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 […]