Bobara – Akimuga Oil & Gas
A company from Malaysia, Petronas Carigali North Madura II Ltd, was named the winner of the auction for the Bobara Working Area (WK). This oil and gas block is part of the 2023 phase III oil and gas working area offering.
Director General of Oil and Gas at the Ministry of Energy and Mineral Resources (ESDM) Tutuka Ariadji explained that the Bobara WK is located offshore West Papua with an area of 8,444.49 km2. He said, this WK is estimated to have oil and gas resources of around 6.8 billion barrels of oil equivalent (BBOE).
“With a potential initial estimate of oil and gas resources of 6.8 billion barrels of oil equivalent,” he said at the Peak Event of the National K3 Month for the Oil and Gas Sub Sector at the Lemigas Building, South Jakarta, Tuesday (20/2/2024).
Read the detikfinance article, “Sah! Malaysian Oil and Gas Giant Working on Oil and Gas Fields in West Papua” in full
