Exploration News in Indonesia

Mahato PSC PC-01 Exploration Well Update
12/3/2024 - - Drilling and testing of the PC-01 exploration well have concluded
- Testing of the Bekasap formation did not yield hydrocarbons
- The decision was made to plug and abandon the PC-01 wel...
Mubadala Announces Second Consecutive Significant Gas Discovery in Indonesia
5/13/2024 - Mubadala Energy, the international energy company headquartered in Abu Dhabi and the operator of the South Andaman Gross Split PSC, announced another substantial gas discovery from the Tangkulo-1 Expl...
Conrad Asia Energy Quarterly Report for the Period Ending 31 December 2023
1/31/2024 - Conrad Asia Energy Ltd (ASX: CRD) (“Conrad”), an ASX-listed Asia-focused natural gas exploration and development company, is pleased to provide an overview of activities for the quarter ending 31 D...
Mubadala Announced a Significant Gas Discovery in Indonesia
12/19/2023 - Mubadala Energy, the international energy company headquartered in Abu Dhabi, announced a significant gas discovery from the Layaran-1 Exploration well, drilled in South Andaman, about 100 kilometres ...
Pertamina's Historic Milestone in Rokan Block Exploration
7/21/2023 - PT Pertamina (Persero) has achieved a historic milestone in Indonesia's oil and gas upstream sector by conducting the first exploration drilling in the Duri Field of Rokan Block using Unconventional D...
Conrad Confirms New License Acquisition Containing Existing Gas Resources
1/6/2023 - Highlights
- As foreshadowed in recent releases, Conrad signed two new Production Sharing Contracts (“PSCs”) for offshore northwest and southwest Aceh, where Conrad will operate and hold a 100% ...
PETRONAS signed PSC for the North Ketapang Block in Indonesia
6/24/2022 - A Production Sharing Contract (PSC) has been signed with PETRONAS North Ketapang Sdn. Bhd., a subsidiary of PETRONAS, for the North Ketapang Block, which is situated onshore and offshore East Java, In...
bp Signs Agung I & Agung II Production Sharing Contracts
6/20/2022 - bp has signed the 30-year Production Sharing Contracts (PSC) for Agung l and Agung ll exploration blocks with the government of Indonesia, following the decision to award the two gas blocks to bp on t...
PETRONAS Wins North Ketapang Block in Indonesia Bid Round 2021
3/18/2022 - PC Ketapang II Ltd., a subsidiary of PETRONAS, has won the North Ketapang block, located onshore and offshore East Java, during the second round of the Indonesia Petroleum Bid Round 2021. ...
KUFPEC’s First Operated Offshore Exploration Discovery in Indonesia
1/23/2022 - Kuwait Foreign Petroleum Exploration Company, k.s.c.c. (“KUFPEC”) is pleased to announce that its wholly-owned subsidiary KUFPEC Indonesia (Anambas) B.V. (“KUFPEC Indonesia”) has successfully made a c...
Harbour Announces Half-Year Results for the Six Months to 30 June 2021
9/23/2021 - Harbour Energy plc announces its half-year results for the period ended 30 June 2021. Financial and operational performance is provided on a reported basis with Premier Oil’s portfolio included from 3...
Empyrean Energy Announces Its Final Results for the Year Ended 31 March 2021
8/26/2021 - Empyrean Energy is pleased to announce its final results for the year ended 31 March 2021. The full Report and Accounts will be made available on the Company's website in the coming days. ...
Eni & SKK Migas Sign MoU for Exploration Activities in Indonesia
6/17/2021 - Eni, through its subsidiary Eni Indonesia, signed a Memorandum of Understanding with SKK Migas for cooperation on exploration activities in Indonesia. The MoU defines the framework for further coopera...
Six Oil & Gas Working Areas Offered in Indonesia Petroleum Bid Round 2021
6/17/2021 - Government of Indonesia opens the oil and gas working areas bid round after being postponed in 2020 due to the world crude oil price fluctuation and the Covid-19 pandemic. The government has taken eff...
PETRONAS Makes Oil Discovery In East Java, Indonesia
2/24/2021 - PETRONAS through its subsidiary, PC North Madura II Ltd., has made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract (PSC), offshore Ea...
NuEnergy Discovers Gas in the Muara Enim PSC
1/21/2021 - NuEnergy Gas has received an Acknowledgement Letter (AL) from Indonesia’s Special Task Force for Upstream Oil and Gas Business Activities ('SKK Migas') that:

i) confirms the discovery of na...
Repsol Makes Largest Gas Discovery in Indonesia in the past 18 Years
2/19/2019 - Repsol and partners PETRONAS and MOECO have made the largest gas find in Indonesia in 18 years. The discovery is also among the ten largest finds worldwide in the last 12 months. The KBD-2X well in So...
Cue Energy to Flow Test Paus Biru-1 Exploration Well in Sampang PSC
11/13/2018 - JV partner Cue Energy Resources has advised that three Drill Stem Tests (DSTs) will be undertaken within the primary objective Mundu Formation in thePaus Biru-1 exploration well. The results of the ex...
Empyrean Energy Announces Operations Update on Mako Gas Discovery
8/3/2018 - Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, has been informed by Conrad, its partner in the Duyung PSC, offshore Natuna Basin - Indon...
Premier Oil Announces Trading & Operations Update
7/12/2018 - Premier Oil has provided an update on recent operational activities and guidance in respect of its half year financials to 30 June 2018. ...

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