Indonesia sweetens production sharing contracts after operators call for incentives

Contractors will be given choice of gross split or cost recovery terms

Drilling operations at the Muara Enim production sharing contract in South Sumatra, Indonesia. — Drilling operations at the Muara Enim production sharing contract in South Sumatra, Indonesia.Photo: NUENERGY

Amanda Battersby

Asia Bureau ChiefSingapore

Published 8 October 2024, 01:41Updated 8 October 2024, 01:42

Indonesia ESDM Ministry of Energy and Mineral Resources Ariana Soemanto Asia & Oceania