Senin , 02 Dec 2013, 00:02 WIB

Acquisition of the second world biggest oil reserves is a strategic milestone for Indonesia

REPUBLIKA.CO.ID, JAKARTA -- Subsidiary of PT Pertamina, PT Pertamina Irak Eksplorasi Produksi has completed asset sales agreement with ExxonMobil Iraq Ltd for 10 percent of participating interest in West...

Ahad , 01 Dec 2013, 16:55 WIB

Pertamina, ExxonMobil team up in Iraq oil exploration

REPUBLIKA.CO.ID, REPUBLIKA.CO.ID, JAKARTA -- A subsidiary of PT Pertamina (Persero), PT Pertamina Irak Eksplorasi Produksi, has completed the 10 percent sale of property settlement agreement (asset sales agreement/ASA) with ExxonMobil Iraq Limited in participating interest on the West Qurna I oil block, Iraq. ExxonMobil remained as the prime contractor controlling 25 percent participating interest in the West Qurna I. The...