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Indonesia’s Pertamina Prepares US$1.5B to Excavate Mahakam Block

JAKARTA (TheInsiderStories) - Indonesian energy holding company, PT Pertamina prepared an investment US$1.5 billion to drill 257 wells at Mahakam Block during 2020 - 2022, said...

Indonesia’s Pertamina Claims Four Investors Interested in Mahakam Block

JAKARTA (TheInsiderStories) - Indonesia's oil & gas producer PT Pertamina claimed four international companies have shown their interests to manage the offshore Mahakam Block, the...

Japan’s Chiyoda Wins Pre-FEED Contract of INPEX’s Masela Block

JAKARTA (TheInsiderStories) - Consortium Japan's Chiyoda Corp., and local firm PT Synergy Engineering announced has been won a front-end engineering design (Pre-FEED) contract by...

Japan’s INPEX Releases Mahakam and Attaka Blocks after 2018

JAKARTA (TheInsiderStories) - Japan's INPEX Corp. will release its interests in two production-sharing contracts (PSC), namely the offshore Mahakam Block and the Attaka Block...

Indonesia Government to Extend Masela Contract by 27 years

JAKARTA (TheInsiderStories) - The Indonesian government has agreed to extend Inpex Corp's operational permits for developing Masela natural gas project in the country's east by up...