Indonesia Awards Shale Gas Contracts

Indonesia Awards Second Shale Gas Block To Three Foreign Firms JAKARTA, June 23 (Reuters) – Indonesia’s energy and mining ministry on Monday awarded its second shale gas exploration block to a consortium of foreign oil firms that included New Zealand Oil & Gas Ltd.The New Zealand company, along with Canada’s Bukit Energy and Pacific Oil…

Oil Gas Indonesia

Indonesia agrees to develop East Natuna

The Government of Indonesia agrees to develop East Natuna. Finally, the news that people have been waiting for: The development of East Natuna is definitely good news for the oil and gas industry in Indonesia that experienced moderate decline in the last couple years. Additional supply from East Natuna will be a new power for…