2021 2nd Phase Bid Auction for Oil and Gas Working Area, are 100% Sold!/
2021 2nd Phase Bid Auction for Oil and Gas Working Area, are 100% Sold!
The Indonesian Government has announced the winner of the Bid Auction for 2021 2nd phase of the Oil and Gas Working Area on Friday, March 18th, 2022. Of all the Working Areas auctioned, all are sold!
Total Commitment from 4 Working Areas are worth USD 14.140.000,- and a signature bonus worth USD 1.200.000,-.
The Working Areas and the Auction Winners are:
- North Ketapang : PC Ketapang II Ltd.
- Agung I : BP Exploration Indonesia Ltd.
- Agung II : BP West Papua I Ltd.
- Bertak Pijar Puyuh : PT. Mitra Multi Karya.
source : https://migas.esdm.go.id