Masela Block Seeks Competent Contractor

Despite the emerging issues in the Masela Block, the government remains optimistic in finding a competent oil and gas company to oversee the management of this expansive area, boasting a substantial gas reserve of 18.54 trillion standard cubic feet.

Lili Sunardi & Stepanus I Nyoman A. Wahyudi

15 Jun 2023 - 20.05
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Masela Block Seeks Competent Contractor

Offshore oil and gas platform. Photo/SKK Migas

Bisnis, JAKARTA—Despite the emerging issues in the Masela Block, the government remains optimistic in finding a competent oil and gas company to oversee the management of this expansive area, boasting a substantial gas reserve of 18.54 trillion standard cubic feet.

The Ministry of Energy and Mineral Resources (ESDM) is actively working towards ensuring the smooth development of the Masela Work Area (WK). The project is expected to yield a substantial gas production of 1,600 million standard cubic feet per day (MMscfd) and a daily condensate output of 35,000 barrels.

Arifin Tasrif, ESDM Minister, emphasized the government's commitment to facilitating the successful implementation of the Masela Block project. This commitment aims to create opportunities for various parties with the necessary expertise to participate in the development of this national strategic project (PSN).

"Our objective is to guarantee that this [Masela Block] project receives support from competent parties," he stated on Wednesday (14/6).

Cek Berita dan Artikel yang lain di Google News dan WA Channel
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© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.