Update-1: Oil and gas firms sign contracts of works
Tuesday, January 16 2007 - 07:12 AM WIB
Several oil and gas firms have signed the Cooperation Contract Contractors (KKKS) with the Upstream Oil and Gas Regulatory Body BPMIGAS.
R. Priyono, Ministry of Energy and Mineral Resources' director for the upstream oil and gas industry said Tuesday that 16 winners of direct offer tender have signed the contract and two other winners, PT Insani Bina Perkasa and consortium PT Hexindo Gemilang Jaya-PT Indelberg, delayed (in signing the contract of work) because they failed to provide a bond guarantee.
PT Insani Bina Perkasa wins Alas Jati block in onshore East Java and consortium PT Hexindo-Indelberg for Lemang block in onshore Jambi.
On December 13, 2006, the government announced the winners of the tender through direct offer mechanism for 18 oil and gas blocks from the 21 blocks offered.
The three that did not have the winner are Situbondo, Gunting and Mahakam Hilir blocks. Based on the government calculation, the total investment from the investors on these 18 oil and gas blocks could reach US$235.8 million, with the bonus for signing the contracts amounting to $31.45 million. (godang)
NO |
BLOCK |
LOCATION |
CONTRACTOR(S) |
1 |
DUYUNG |
OFF. NATUNA |
Transword Exploration Ltd |
2 |
PARI |
OFF.NATUNA |
Indoreach Exploration Ltd |
3 |
TONGA |
ONS N. SUMATRA |
Consortium of PT Mosesa Petroleum-PT Kencana Surya Perkasa-PT Petross |
4 |
BATANGHARI |
ONS. JAMBI |
Consortium of PT Gregon Gas Perkasa-CNOOC |
5 |
BATU GAJAH |
ONS. JAMBI |
Ranhill Jambi Inc |
6 |
SEKAYU |
ONS. S. SUMATRA |
Star Energy Holdings Pte,Ltd |
7 |
KARANG AGUNG |
ONS. S. SUMATRA |
PT Odira Energy Persada |
8 |
SIBARU |
OFF. E. JAVA |
Consortium of Mitra Energy Ltd-Pearl Oil |
9 |
NORTH KANGEAN |
OFF. E. JAVA |
Petro Java International Inc |
10 |
WEST SANGATTA |
ONS. E. KALIMANTAN |
PT Kalimantan Kutai Energi |
11 |
WAIN |
ONS. E. KALIMANTAN |
PT Pandawa Prima Lestari |
12 |
KUTAI |
ONS/OFF E. KALIMANTAN |
Consortium of PT Ephindo-Serica Energy |
13 |
KUMA |
OFF. W. SULAWESI |
Consortium of ConocoPhillips-Statoil ASA |
14 |
BUDONG-BUDONG |
ONS. W. SULAWESI |
Consortium of PT Gema Tera-Manley N.V-TGS Nopec |
15 |
KARANA |
MAKASSAR STRAIT |
Pearl Oil |
16 |
BUTON |
ONS/OFF BUTON |
Consortium of Japex-Premier Oil-Kufpec |