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Story summary
- Eni sells 10% stakes in seven Indonesian contracts to Pertamina and Medco.
- Pertamina Hulu Energi acquires 10% of East Sepinggan, North Ganal and Rapak blocks.
- Pertamina’s share in East Sepinggan rises to 25% after the deal.
- Medco Energi buys 10% of Muara Bakau, Ganal, West Ganal and East Ganal blocks.
- Exploration at Geng North and Geliga discovered over 10 trillion cubic feet of gas and 650 million barrels of condensate.