Category Archives: Press Release
Announcement Indonesia Petroleum Bidding Round Phase I...
The government through the Ministry of Energy and Mineral Resources has again opened the Bidding for the Conventional Oil and Gas Working Area Phase I in 2022. The number of Oil and Gas Working Areas (WK) offered is six WK, consisting of one Exploitation WK with a Direct Offer mechanism, two Exploration WKs with a Direct Bid mechanism and three Exploration WKs with the …
INDONESIA OIL AND GAS 2nd BID ROUND OF 2021
Government Announces Bid Round for 8 Oil and Gas Working Areas Offering Phase II in 2021 The government c.q the Ministry of Energy and Mineral Resources has again opened the 2021 Oil and Gas Working Area (WK) Auction Phase II in 2021, Monday (29/11). A total of 8 Oil and Gas WKs are offered at this stage, consisting of 1 Exploitation WK with a …
INDONESIA OIL AND GAS 1st BID ROUND OF 2021
Jakarta, the Government through the Ministry of Energy and Mineral Resources announced the Offer of Oil and Gas Working Areas Phase I in 2021. A total of 6 oil and gas working areas were offered in this first round, consisting of 4 working areas through the Direct Offer mechanism and 2 working ares through the Regular Auction mechanism. The announcement of the oil and …
Oil spice: With $3 billion port, Malacca eyes slice of...
By Roslan Khasawneh | KUALA LUMPUR Once at the heart of the global spice trade, Malacca is pumping nearly $3 billion into an ambitious plan to put itself in demand in a different hot commodity – oil. The Malaysian state is reclaiming land along the Straits of Malacca to build a port that can handle the biggest tankers on the planet. The target: a …