BP completes offshore Indonesia license purchase

KrisEnergy has completed the sale to BP of its 30% interest in the Andaman II production-sharing contract in the Malacca Strait offshore Kalimantan, Indonesia.

Offshore staff

SINGAPORE – KrisEnergy has completed the sale to BP of its 30% interest in the Andaman II production-sharing contract in the Malacca Strait offshore Kalimantan, Indonesia.

The consideration for the disposal is $15 million, subject to a retention sum of $1.7 million.

04/08/2020

Sign up for our eNewsletters
Get the latest news and updates
Subsea Tieback Forum & Exhibition
SAVE THE DATE
Subsea Tieback Forum & Exhibition
February 16 - 18, 2027
Henry B. Gonzalez Convention Center, San Antonio, TX