Wednesday, March 10, 2010

Pertamina acquires 15% Semai II Block

State-owned oil and gas firm PT Pertamina has reached an agreement with a consortium of Murphy Semai Oil Co. Ltd., PTT EP Semai II Ltd, and Inpex Seram Sea Ltd to acquire 15% of participation interest in Block Semai II, offshore West Papua. The acquisition is pending government approval.

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