Kontan: Chevron Reschedules $12B Deepwater Gas Project

Reuters

PT Chevron Pacific Indonesia, a unit of Chevron Corp, has submitted an official letter saying it would temporarily delay its deep water gas development project worth $12 billion in Makassar Strait, East Kalimantan, according to Naryanto Wagimin, director for upstream business at the energy and mineral resources ministry.

Chevron plans to revise its calculations for the project, said Naryanto, adding that the firm has discovered fresh gas reserves. (Kontan, Bisnis Indonesia)

Note: Reuters has not verified this story and does not vouch for its accuracy.

(Compiled by Jakarta Newsroom; Editing by Biju Dwarakanath)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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



Most Popular Articles

From the Career Center
Jobs that may interest you
Technical Services Manager - Production Chemicals
Expertise: Chemist|Production Engineering|Stimulation
Location: Midland, TX
 
Process Operator (Intern Conversion) -Norco, LA
Expertise: Process Engineer|Process Technician
Location: Norco, LA
 
PEI Specialist - Deer Park, TX
Expertise: Chemical Engineering|Civil Engineering|Mechanical Engineering
Location: Deer Park, TX
 
search for more jobs

Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours