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Wednesday, July 29, 2020

Russian oil and gas company eyeing Tuna block



Russian oil and gas companies have the potential to enter and work on Participating Interest (PI) in the Tuna Block together with Premier Oil.



Deputy Head of the Special Task Force for Upstream Oil and Gas (SKK Migas), Fatar Yani Abdurrahman, did not dismiss the news of a Russian oil and gas company that wanted to become a partner of Premium Oil in the oil and gas working area in the Natuna Islands.

Rosneft Russia

Only he was still reluctant to mention the name of the Russian company. The reason, so far it is still waiting for official information from Premier Oil. It's just that the plans for new partners will enter do exist, "he said.

Fatar also has not detailed the rights of participation that will be acquired by the new Russian partner. Just so you know, the Tuna Block is managed by Premier Oil Tuna BV with an Interest Participation of 65%. 

Tuna Block Premier Oil Tuna BV

    The Acting Head of the SKK Migas Program and Communication Division, Susana Kurniasih, said that the government had given Premier Oil a two-year extension. The latest was approved by the Ministry of Energy and Mineral Resources at the end of 2019 ago.

Blogger Agus Purnomo in SKK Migas

"They already had a proposal for drilling two wells in 2020, but they said that the implementation of the activity was still waiting for a partner," Susana Kurniasih.

The Covid-19 pandemic also had an impact on the drilling plan by Premier Oil, even though drilling was needed to ensure the Tuna Block Plan of Development (PoD). This is also considered to have an impact on the certainty of partners in the Block.

Kontan, Page-10, Saturday, July 25, 2020

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