Azimuth set for offshore Sulawesi farm-in

Offshore staff

HAMILTON, BermudaAziPac subsidiary Azimuth Indonesia has agreed to farm into 40% of the Bone production-sharing contract in Bone Bay offshore South Sulawesi, Indonesia.

Assuming approval from Indonesia’s government, Mitra Energy (Indonesia Bone) would retain the remaining 60%.

The block covers 7,516 sq km (2,902 sq mi), in waters that extend from the coast out to a depth of more than 2,000 m (6,562 ft).

06/09/2014

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...