Oil majors interested in exploration blocks bidding

Thursday, August 2 2007 - 05:51 AM WIB

A number of oil and gas firms including majors have expressed interest to participate in the exploration blocks offer round that would be opened by the ned of this month, a government official said on Thursday.

R. Priyono, Upstream Director at the Ministry of Energy and Mineral Resources told reporters on that Royal Dutch/Shell is interested to acquire exploration portfolio in eastern part of Indonesia, while US oil major Chevron Corp. is interested in Semai blocks offshore West Papua.

Another US oil major ExxonMobil Corp. is also interested in bidding, he said.

Other participants that also have expressed interest including Chinese firm CNPC and Russia’s largest oil company LukOil, Prijono said, who expected a lot more interational companies to participate when the bidding round starts.

The government is set to offer 25 exploration acreages through regular and direct offer by the end of August. (godang)

List of the 25 blocks offered in the tender

No Block  Location
1 North X Ray Off. West Java
2 North East Lombok I Off. the northern coast of Nusa Tenggara  
3 North East Lombok II Off. the northern coast of Nusa Tenggara  
4 Semai I Off. West Semai, West Papua
5 Semai II Off. West Semai, West Papua
6 Semai III Off. West Semai, West Papua
7 Semai IV Off. West Semai, West Papua
8 Semai V Off. West Semai, West Papua
9 South East Tual  Off. West Arafura
10 Cakalang  Off. Natuna
11 Baronang Off. Natuna
12 Cucut Off. Natuna
13 Dolphin  Off. Natuna
14 Kerapu  Off. Natuna
15 Bawean II  Off. East Java
16 East Bawean I Off. Northern East Java
17 Gunting  On/Off. East Java
18 Situbondo  On/Off. East Java
19 Buton II Off. Southern Buton
20 Rangkas On. Banten
21 West Timor  On/Off. Timor
22 Palung Aru 1  Off. Aru island
23 Palung Aru 2  Off. Aru island
24 Mahakam Hilir  On. East Kalimantan
25 North Bali 3 Off. Bali

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