ID :
59330
Thu, 05/07/2009 - 11:12
Auther :
Shortlink :
https://www.oananews.org//node/59330
The shortlink copeid
EXXON TO EXPLORE FOUR BLOCKS IN INDONESIA
Jakarta, May 6 (ANTARA) - Exxon Mobil Oil Indonesia (EMOI) will soon carry out explorations in four oil and gas blocks in the country, its vice president, Maman Budiman, said here on Wednesday.
The decision was taken after preparations for initial oil production in Block Cepu in Banyu Urip, East Java, were finished, he said.
The oil blocks to be explored are Gunting in East Java, Cendrawasih in Papua, Surumanak and Mandar in the Makassar Strait.
Maman said the exploration in the areas would still be aimed at seeking oil reserve potentials.
"Exploration in the four areas is also part of efforts to find new oil sources following declining national production of oil," he said.
He said investors still needed certainty with regard to oil contracts with the authorities, meaning "deals that have been put in the contract must be commonly agreed and implemented consistently."
This is what is now being discussed at the IPA meeting so that no problem would happen or changes were made in the middle of working period, he said. "After all investors also wish their money will return," he said.
West Sulawesi governor Anwar Adnan Saleh, meanwhile said he fully supported the exploration to be done by EMOI in his region despite some negative reaction from the people towards the project.
He said the reaction could still be overcome through familiarization of exploration benefits for the local people and allocation of Corporate Social Responsibility funds for the region.
"The people would also enjoy the benefit of the oil exploration," he said.
***2***
The decision was taken after preparations for initial oil production in Block Cepu in Banyu Urip, East Java, were finished, he said.
The oil blocks to be explored are Gunting in East Java, Cendrawasih in Papua, Surumanak and Mandar in the Makassar Strait.
Maman said the exploration in the areas would still be aimed at seeking oil reserve potentials.
"Exploration in the four areas is also part of efforts to find new oil sources following declining national production of oil," he said.
He said investors still needed certainty with regard to oil contracts with the authorities, meaning "deals that have been put in the contract must be commonly agreed and implemented consistently."
This is what is now being discussed at the IPA meeting so that no problem would happen or changes were made in the middle of working period, he said. "After all investors also wish their money will return," he said.
West Sulawesi governor Anwar Adnan Saleh, meanwhile said he fully supported the exploration to be done by EMOI in his region despite some negative reaction from the people towards the project.
He said the reaction could still be overcome through familiarization of exploration benefits for the local people and allocation of Corporate Social Responsibility funds for the region.
"The people would also enjoy the benefit of the oil exploration," he said.
***2***
