Djoko Siswanto, Upstream Oil & Gas Director at the Indonesian Ministry of Energy and Mineral Resources, said the government targets to have completed the tender by December 2015.

Oil & Gas Blocks:

Regular Tender
Province
Island Location
Rupat Labuhan Riau/North Sumatra Sumatra Offshore
Nibung Riau/Jambi Sumatra Onshore
West Asri Lampung Sumatra Offshore
Oti East Kalimantan Kalimantan Offshore
Manaka-Mamuju        West Sulawesi Sulawesi Offshore
Kasuri II Papua Papua Onshore
Direct Offer
Province
Island Location
Southwest Benggana East Kalimantan Kalimantan Onshore
West Berau West Papua Papua Offshore

The difference between regular tender and direct offer is that in regular tenders companies bid for the block based on exploration data given by the government, while in direct offers investors are required to conduct a joint study with the government.

Bahas