Pertamina HE Keen on Stake in Mahakam PSC offshore East Kalimantan

PT Pertamina Hulu Energi, an upstream subsidiary of Indonesia's state-owned oil and gas company Pertamina, is keen on a stake in the Mahakam contract area in East Kalimantan offshore eastern Indonesia, a senior official said Tuesday on the sideline of the 2014 Offshore Technology Conference Asia in Kuala Lumpur, Malaysia.

"Nothing heard (on Mahakam block extension) ... We would like to have a stake (in the project)," Ignatius Tenny Wibowo, president director of PT Pertamina Hulu Energi said in reply to Rigzone's query seeking an update on talks between the government and the block's joint venture, comprising operator Total S.A. and Japan's Inpex Corp.

Partners in the Mahakam production sharing contract are currently negotiating with the Indonesian authorities to extend the PSC beyond 2018.

Pertamina Hulu Energi is involved in local and foreign upstream assets, including as operator of two two blocks - ONWJ and WMO.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Chee Yew Cheang
APAC Editor | Rigzone
 -  Malaysia's InvestKL Woos Top Oil, Gas ... (Oct 6)
 -  Petrobangla Invites EOIs for 3 Offshor... (Sep 30)
 -  Malaysia's SapuraKencana Posts 7.1% Ga... (Sep 29)
 -  TH Heavy Engineering, McDermott End Pa... (Sep 26)
 -  Singapore's NUS Slowly Builds its Petr... (Sep 26)


Most Popular Articles

From the Career Center
Jobs that may interest you
Contracts Advisor
Expertise: Contracts Administration
Location: Houston, 
 
Business Development Manager
Expertise: Business Development|Sales
Location: Centennial, CO
 
Project Manager, USA
Expertise: Project Management
Location: United States
 
search for more jobs

Brent Crude Oil : $50.75/BBL 0.09%
Light Crude Oil : $47.73/BBL 0.50%
Natural Gas : $3.05/MMBtu 0.97%
Updated in last 24 hours