Direct offer tender winner to be announced in May
Oil giants among interested bidders
Wednesday, March 4 2009 - 02:37 AM WIB
The director general of oil and gas Evita Legowo said in Jakarta the announcement of the winners of the 15 working areas (see table) auctioned under direct offer mechanism would be slightly behind the initial schedule as her office needed more time to fix the income tax for companies working under such partnership arrangement.
The deadline for bidding document submission has also been extended from Jan. 29, 2009 to Feb. 20, 2009.
But, she said that the announcement would be made no later than May despite the delay.
A number of major oil companies such as Total, Hess, Shell and Inpex take part in the tender, she added
Under the direct offer mechanism, investors are allowed to choose blocks they want to develop. Once they have made a choice, the government will advertise the chosen blocks to attract rival bids. If none is interested or rival bidders offer less attractive investment plan, the government will award the blocks to the investors that make the first bids. (denny)
| DIRECT OFFER | ||
| 1 | South Block "A" | Onshore/Offshore North Sumatra |
| 2 | East Pamai | Onshore Central Sumatra |
| 3 | Penyu | Offshore West Natuna |
| 4 | Sokang | Offshore East Natuna |
| 5 | Senami-Bahar | Onshore South Sumatra |
| 6 | West Belida | Onshore South Sumatra |
| 7 | Terumbu | Onshore/Offshore Madura |
| 8 | South East Madura | Onshore/Offshore East Java |
| 9 | Pasir | Onshore East Kalimantan |
| 10 | South Sesulu | Offshore East Kalimantan |
| 11 | Sermata | West Arafura sea |
| 12 | Kumawa | Offshore West Papua |
| 13 | Kofiau | Offshore Birds Head of West Papua |
| 14 | Cendrawasih | Offshore Cendrawasih bay, West Papua |
| 15 | Northern Papua | Onshore/Offshore North Papua |