Repsol Partners with Petronas to Develop Indonesia's Sakakemang Block, an Industrial Info Market Brief

Repsol, the operator of Sakakemang PSC, will partner with Petronas (Petroliam National Berhad) in developing the Sakakemang Block in South Sumatra, Indonesia. Each company has a 45% participating interest, and the remaining 10% is owned by Japan's Mitsui Oil Exploration Company Limited.

The Sakakemang working area is an onshore block with an estimated natural gas reserve of 2 trillion cubic feet. Click here for a list of Oil & Gas Production projects in South Sumatra, and see map below.