Indonesia puts more blocks on the table

Indonesia will hold a new tender, offering 24 oil and gas blocks as part of efforts to boost investment and lift dwindling production, an official at the mines and energy ministry said.

upstreamonline , News wires Tuesday, 08 December, 2009, 00:49 GMT

In Indonesia's most recent tender, which was for 31 oil and gas blocks, 6 blocks were awarded to foreign and local companies including Canadian oil company Talisman Energy ,and Canadian Niko Resources . The remaining blocks received no expressions of interest from investors.

The new tender document will be provided on 15 December and the deadline for bids is 29 January , 2010, for some areas, or 14 April, 2010 for some others, reported Reuters.

Following is a list of the areas on offer:

• 1. Puri, onshore of South Sumatra
• 2. Sekakemang, onshore of South Sumatra
• 3. Selar, offshore of East Natuna
• 4. Sunda Strait I, offshore of South of West Java
• 5. North Madura, offshore of North East Java Sea
• 6. Karapan, offshore of North East Java Sea
• 7. Mandala, offshore of North East Java Sea
• 8. Long Hubung-Long Bangun, onshore of Kutai, East Kalimantan
• 9. Malunda, offshore of Makassar Straits
• 10. Sadang, offshore of Makassar Straits
• 11. South Mandar, offshore of Makassar Straits
• 12. South Sageri, offshore of Makassar Straits
• 13. South East Andaman, offshore of North Sumatra
• 14. Tarakan I, offshore of East Kalimantan
• 15. Tarakan II, offshore of East Kalimantan
• 16. Tarakan III, offshore of East Kalimantan
• 17. North Masela, offshore of Timor Sea
• 18. West Berau, offshore of Bintuni, West Papua
• 19. Cendrawasih Bay I, offshore of Cendrawasih Bay, Papua
• 20. Cendrawasih Bay II, offshore of Cendrawasih Bay, Papua
• 21. Cendrawasih Bay III, offshore of Cendrawasih Bay, Papua
• 22. Cendrawasih Bay IV, offshore of Cendrawasih Bay, Papua
• 23. Cendrawasih Bay V, offshore of Cendrawasih Bay, Papua
• 24. East Aru, offshore of West Papua