
Government seeks to attract fresh capital to boost domestic production.
Indonesia has launched a new round of oil and gas bidding, offering nine exploration assets to international energy companies.
The initiative aims to rejuvenate domestic output and strengthen national energy security.
Officials say the blocks include promising onshore and offshore sites, with incentives designed to attract both established and emerging players to the country’s evolving energy landscape.
The initiative aims to rejuvenate domestic output and strengthen national energy security.
Officials say the blocks include promising onshore and offshore sites, with incentives designed to attract both established and emerging players to the country’s evolving energy landscape.