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Released September 01, 2021 | manila
en
Researched by Industrial Info Resources (Sugar Land, Texas)--Indonesia's national energy company, Pertamina, has taken over the operatorship of the Rokan block from PT Chevron Pacific Indonesia. After decades of operating this onshore oil asset, Chevron's contract expired in August as it lost in its bid against Pertamina to manage the block.

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Through Pertamina's subsidiary, Pertamina Hulu Rokan, the state energy company aims to increase production by investing more than $2 billion, with the ambitious plan of drilling 161 wells this year and 500 new wells in 2022.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.

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