ExxonMobil gives nod to Cepu deal

US supermajor ExxonMobil has accepted a revenue sharing scheme proposed by the Indonesian government, ending its lengthy dispute with Pertamina over the Cepu block in East Java.

Making a deal with Jakarta: ExxonMobil has agreed to a price-based revenue sharing system for Cepu
Making a deal with Jakarta: ExxonMobil has agreed to a price-based revenue sharing system for Cepu
Published 23 June 2005, 04:04Updated 7 October 2016, 14:18
Asia & Oceania