Indonesia Invites Bids for 18 Onshore, Offshore Oil and Gas Blocks
Indonesia's Ministry of Energy and Resources extended an invitation for companies to bid for 18 onshore and offshore oil and gas blocks, located mostly in the eastern part of the country, local news agency Antara reported Monday.
Sixteen of these blocks are being offered through direct bids, while two will be through a regular tender.
Blocks offered through direct bids include:
The two blocks offered via regular tender are the East Seringapatam offshore block in East Nusa Tenggaran (NTT) and the East Abadi offshore block in Maluku.
The Ministry has indicated that bid documents for the regular tenders are available from Sept. 16 to Jan. 27, 2014 and the documents have to be submitted by Jan. 27, 2014. Meanwhile, documents for the direct bids are available from Sept. 16 to Oct. 30, with closing date set for Oct. 31.
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