Government offers new oil, gas fields

The government plans to put 20 new oil and gas fields on tender for this year, nine of them through regular mechanism. The new fields to be offered through regular scheme are Bulu Rembang, offshore Timor Sea 1, offshore Timor Sea II, Halmahera I, Halmahera II, Halmahera III , West Aru I, West Aru II and Arafura Sea II.

The new fields to be offered through direct proposal are Ranau, Northeast Madura , West Tanjung , Belayan, East Simenggaris , North Ganal , Babar Selaru, Obi, North Semai , West Berau and Semai IV.

Upstream director of the upstream oil and gas regulator BPMigas, Edy Hermantoro said the tender would be opened on May 20 at the conclusion of the 35th IPA Annual Conference and Exhibition. (Godang)