UK-based Neptune Energy has increased its footprint in Indonesia after agreeing deals with Eni to enter two of the Italian major’s operated production sharing licences, writes Eoin O’Cinneide.
Private equity-backed Neptune has taken a 20% stake in the East Sepinggan PSC and a 30% interest in the East Ganal PSC, both of which are situated in the Kunei basin off East Kalimantan, Borneo.
