BP backs out of offshore Indonesia blocks

Offshore staff

JAKARTA, Indonesia – Following seismic testing, BP says it will opt out of two exploration blocks off Indonesia in the Arafura Sea.

 “Following the result of the 3D seismic evaluation, we have made the decision to relinquish both West Aru I and West Aru II blocks. The evaluation suggests that these blocks are both technically highly risky and commercially very challenging,” BP Indonesia head of country Dharmawan Samsu confirmed to Offshore.

The company was awarded 100% of the West Aru I and II production-sharing contracts in November 2011. Located in the Maluku province of Indonesia, the two blocks, both more than 8,000 sq km (3,088 sq mi) in size, are located in water ranging from 200 m (656 ft) to 2,500 m (8,202 ft) deep.


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


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 ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...