Gulf Oil and Gas accountACCOUNT

Acquisitions and Divestitures News in Indonesia

Lion Energy & Gulf Petroleum Agree Termination of Seram (Non Bula) PSC SPA
9/12/2019 - Lion Energy previously announced on December 12, 2018 that it entered into a conditional sale and purchase agreement ('SPA') with Gulf Petroleum Investment Company ('GPI') to acquire GPI’s 16.5% stake...
Eni Awarded West Ganal Exploration Block in the Kutei Basin
Eni Awarded West Ganal Exploration Block in the Kutei Basin 8/26/2019 - Eni (40% Operator) and its partners, Pertamina (30%) and Neptune (30%), have been awarded by the Ministry of Energy and Mineral Resources the West Ganal exploration block in the Kutei Basin, offshore ...
Pertamina is Ready to Manage the Corridor Block 2026
7/29/2019 - Pertamina welcomed the Government's decision to approve a 30% increase in participating interest (PI) to the national oil and gas company on the Corridor Block. ...
Neptune Energy Acquires Interests in Kutei Basin PSCs from Eni
7/28/2019 - Neptune Energy has agreed to acquire interests from Eni in the Kutei basin Production Sharing Contracts (PSC), offshore Indonesia. The agreement will see Neptune acquire a 20 per cent working interest...
Coro Energy Announces Restructured Bulu PSC Acquisition Terms
7/18/2019 - Coro Energy, the Southeast Asian focused upstream oil and gas company, has renegotiated the terms of the proposed acquisition by the Company of a 42.5% interest in the Bulu production sharing contract...
Mubadala Petroleum to Farmout a 20% Participating Interest in Indonesia
Mubadala Petroleum to Farmout a 20% Participating Interest in Indonesia 7/17/2019 - Mubadala Petroleum announces that it has signed an agreement with Premier Oil to farmout a 20 percent participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing...
KUFPEC Returns to Operatorship in Indonesia
6/13/2019 - The government of the Republic of Indonesia has officially awarded the Anambas Block Production Sharing Contract (the “Anambas PSC”) to KUFPEC Indonesia (Anambas) B.V., a subsidiary of KUFPEC. The aw...
Sonoro Energy Awarded Selat Panjang PSC
5/8/2019 - Sonoro Energy has announced that along with its Indonesian partner Menara Global Energi, an affiliate of a substantial Indonesian company, it has been awarded the Selat Panjang PSC in the 2019 Convent...
Andalas Energy & Power Provides Update on Proposed Bunga Mas PSC Acquisition
2/18/2019 - Andalas Energy and Power has provided an update in relation to its proposed acquisition of an interest in the Bunga Mas production sharing contract ('PSC') (announced 29 August 2018). ...
Mubadala Petroleum Signed South Andaman PSC in Indonesia
2/18/2019 - Mubadala Petroleum announces that it has signed the Gross Split Production Sharing Contract (PSC) for South Andaman, as awarded by the Government of Indonesia pursuant to the 2018 Indonesian Third D...
Coro Energy Acquires Interest in Duyung Field Offshore Indonesia
2/11/2019 - Coro Energy has announced the signing of a binding conditional agreement as it takes its next step in building its portfolio in SE Asia through the acquisition of an interest in the Duyung Production ...
NuEnergy Increasing its Participation Interest in Muralim PSC
1/23/2019 - NuEnergy Gas Ltd said today it is increasing its participating interest (PI) in the Muralim production sharing contract (PSC) by entering into a withdrawal and assignment agreement with PT Medco CBM P...
Pertamina to Sign Rokan Oil Block Contract This Month
1/20/2019 - Indonesia’s state-owned energy company, Pertamina, expects to sign a production sharing contract for the Rokan oil block this month, a company director said. Indonesia’s energy ministry announced in J...
Medco Will Acquire Ophir Energy
12/31/2018 - Statement regarding the potential acquisition of Ophir Energy plc (Ophir) by PT Medco Energi Global PTE Ltd (Medco) (a wholly-owned subsidiary of PT Medco Energi Internasional Tbk). ...
Bass Oil Withdraws from North Madura PSC Deal with AziPac
12/20/2018 - Australian-based Indonesian oil producer Bass Oil has announced that it has elected to withdraw from the acquisition of a 100% participating interest in the North Madura Production Sharing Contract (P...
Bass Oil Acquires North Madura PSC to Expand its Indonesian Portfolio
11/13/2018 - Australian-based Indonesian oil producer, Bass Oil has entered into a heads of agreement to acquire a 100% participating interest in the North Madura Production Sharing Contract (PSC) which covers an ...
Indonesia Awards 2 Oil And Gas Blocks - Eni Fails to Win Makassar Strait Block
10/22/2018 - Indonesia has awarded two oil and gas blocks of six auctioned by the government, deputy energy minister Arcandra Tahar told reporters on Monday. ...
Coro Energy Announces First Acquisition in Indonesia
9/3/2018 - Coro Energy has announced the signing of binding conditional agreements for its first acquisition in Indonesia, which comprises a 42.5% interest in the Lengo gas field, offshore East Java. ...
ConocoPhillips Asks to Extend Operations in Indonesia Gas Block
9/3/2018 - ConocoPhillips has asked Indonesia’s energy ministry to extend its operations in the Corridor natural gas block after its contract ends in December 2023, a ministry official said. ...
Andalas Energy and Power to Acquire Indonesian Oil Project
8/29/2018 - AIM-listed Andalas Energy and Power has entered into a conditional agreement to acquire an interest in the Bunga Mas Production Sharing Contract (PSC), located in South Sumatra, Indonesia. ...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
Advertise your Purchasing Requests

For Suppliers
Promote your Products
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.