EnQuest plc has signed production sharing contracts, awarded in April, for the Gaea and Gaea II exploration blocks in Papua Barat (West Papua). OPERATOR The two blocks hold a “multi-trillion standard cubic feet unrisked resource potential”, estimated to be “in excess of 100 tscf by the Ministry of Energy and Mineral Resources. Gaea and Gaea […]
Tag: Gaea and Gaea II PSC blocks – Indonesia
EnQuest expands into Indonesia with PSC blocks
EnQuest plc has expanded into Indonesia with the award of two production sharing contracts for Gaea and Gaea II blocks in Papua Barat (West Papua). PARTNERS The company said that the blocks presented a multi-trillion standard cubic feet unrisked resource potential, while Indonesia offered a “broad range of growth opportunities” across the full upstream lifecycle. […]