Total E&P Indonesia, subsidiary of oil & gas giant Total S.A., expects gas production at the Mahakam block (located offshore in East Kalimantan) to decline about 12.8 percent (y/y) in 2017 to 1,430 million standard cubic feet per day (mmscfd) from an estimated 1,640 mmscfd in 2016. Arividia Noviyanto, Vice President Human Resources, Communication, and General Services at Total E&P, informed that the decline in gas production is partly explained by better-than-expected output at the Mahakam block in 2016.
Update COVID-19 in Indonesia: 4,066,404 confirmed infections, 131,372 deaths (28 August 2021)
15 September 2021 (closed)
Jakarta Composite Index (6,110.23) -18.86 -0.31%
USD/IDR (14,146) -6.00 -0.04%
EUR/IDR (17,335) +57.05 +0.33%