Premier completes FEED for fields in Natuna Sea Block A

By Romel S. Gurky

British firm Premier Oil Plc announced on Thursday that FEED has been completed on the next generation of developments for Bison, Iguana and Gajah Puteri in the Natuna Sea Block A offshore Natuna Islands

These projects will backfill our existing Singapore and domestic market contracts and an investment decision will be made in the fourth quarter of 2016.

Premier, with a 28.67 percent equity stake, operates Natuna Sea Block A on behalf of its partners KUFPEC, Petronas, Pertamina and PTTEP.

Editing by Johannes Simbolon