Oil & Gas

The Indonesian unit of Total and its partner Japan’s Inpex plan to spend a total of $16.5 billion over 2011-2017 to develop the Mahakam gas block in East Kalimantan.

The Mahakam block, which consists of several fields, including Tunu, Tambora, Peciko, Sisi-Nubi, produces 2.5 Bcf/day of gas and 93,000 b/d of crude and condensate.

Source: http://www.offshoreenergytoday.com/total-inpex-plan-to-invest-usd-16-5-bln-in-mahakam-gas-block-development-offshore-indonesia/