Industry observers with an eye on Indonesia could be forgiven a sense of deja vu as we enter 2018.
Pertamina took over the Offshore Mahakam block on 1 January after former long-term operator Total’s production sharing contract expired.
Despite the French supermajor negotiating hard, no extension or new contract for the key producing block — Offshore Mahakam supplies most of the feedstock for the Bontang liquefied natural gas project — was forthcoming.
