Indonesia’s state-owned oil and gas company Pertamina is expected to sign a new contract within weeks for the Rokan block, which it is taking over from US supermajor Chevron on expiry of the existing production sharing contract in 2021, writes Amanda Battersby.
Pertamina paid a $784 million signature bonus in December for the Rokan block onshore Sumatra, which is Indonesia’s second-largest oil producing asset.
