Indonesia Grants New Oil Blocks Contracts In Third Bidding Round

Indonesia has announced the winner of its third bidding round that will operate oil and gas blocks in three locations, Deputy Energy Minister Arcandra Tahar said on Dec. 27.

The winners are:

Pearloil (Theralite) Ltd. for South Andaman block, located at offshore Andaman Aceh;
Talisman Java BV and Mitsui Oil Exploration Co. Ltd. For South Saka Kemang block, located at onshore South Sumatra;
Pertamina for Maratua block, located at both onshore and offshore North and East Kalimantan; and
There was no winning bid for Anambas block, located at offshore West Natuna.