Indonesia plans to award more offshore blocks

Aug. 16, 2006
Indonesia is ready to award 20 blocks through production sharing contracts (PSC) and 21 more through negotiated agreements in basins of Sumatra, Kalimantan, Sulawesi, and Java.

Offshore staff

JAKARTA, Indonesia -- Indonesia is ready to award 20 blocks through production sharing contracts (PSC) and 21 more through negotiated agreements in basins of Sumatra, Kalimantan, Sulawesi, and Java.

The government is putting to PSC tender three new offshore blocks of Tuna, Cucut, and Dolphin, and three previously available blocks of Cakalang, Baronang, and Kerapu in the Natuna Sea, says Luluk Sumiarso, director general of oil and gas of the Energy and Mineral Resources Ministry.

Among other new blocks being tendered are the Southeast Mahakam, Tigau, and Menatana blocks offshore East Kalimantan.

Other new blocks were Madang, South Mandar, Sageri, and South Sageri off the coast of South Sulawesi, and the Karama, Malunda, and Mandar blocks offshore West Sulawesi.

In Lampung, the offshore Lampung I block and the offshore and onshore blocks in Ujung Kulon in West Java were up for grabs.

The 21 blocks under negotiated agreement are in Natuna, North Sumatra, Central Sumatra, West Sumatra, East Java, East Kalimantan, South East Sulawesi, South Sulawesi, and West Sulawesi.

Included are offshore Duyung and Pari blocks in Natuna, the offshore Tonga block in North Sumatra, the offshore and onshore Buton blocks in Southeast Sulawesi, and the Karana block in the Makassar Strait.

In East Kalimantan, the offshore and onshore Kutai blocks, and the offshore Mahakam Hilir and Wain blocks are being offered.

All contracts are expected to be signed by end of this year.

8/16/06