Indonesia awards oil blocks to Petronas, Pertamina, Shell

JAKARTA: Indonesia's state-owned Pertamina, Royal Dutch Shell, and Malaysia's Petronas  were among the companies awarded 11 Indonesian oil and gas blocks last year, government officials said on Wednesday.
    Indonesia offered a total of 16 conventional and unconventional oil and gas blocks last year, Wiratmadja Puja, acting director general of oil and gas at the Indonesian energy and mines ministry said. Government officials previously put the number at 21.
    "We will bid (another) 12 oil and gas blocks this year -- two conventional blocks and 10 shale gas blocks," Naryanto Wagimin, director oil and gas upstream at the Indonesian energy and mines ministry said, referring to 2015.
    "We want more realistic (bids) and prioritize the more credible companies."
     
    Below is a table of awarded blocks for 2014: 
        
    Company                 Block             Planned investment
               
    ------------------------------------------------------------
         
    Petronas                North Madura II       $68 million
    ------------------------------------------------------------
    Statoil ASA             Aru offshore          $2.9 million
    ------------------------------------------------------------
    PT Petcon Resources     Kualakurun            $2 million
    Petronas              
    ------------------------------------------------------------
    PT Mentari Abdi Pratiwi Garung                $3.5 million
    ------------------------------------------------------------
    Royal Dutch Shell       South Moa Island      $1.95 million
    ------------------------------------------------------------
    PT Gema Terra           Southeast Papua       $4 million
    Transform Exploration
    ------------------------------------------------------------
    Pertamina               Abar (West Java)      $12.9 million
    ------------------------------------------------------------
    Pertamina               Anggursi (West Java)  $11.9 million
    ------------------------------------------------------------
    Bukit Energy Indonesia  Sakakemang            $11.5 million
    Pertamina
    -----------------------------------------------------------
    Petroselat Ltd          Selat Panjang         $11.8 million
    -----------------------------------------------------------
    Bukit Energy Indonesia  Palmerah              $13.7 million
    Palmerah Deep Ltd
    New Zealand Oil & Gas Ltd
    PT SNP Indonesia
    Bumi Perdana Energy Ltd
    Glory Wealth Pacific Ltd
    ------------------------------------------------------------
    -Reuters