Pertamina buys 24.5% interest in Indonesia's Bobara block from Petronas

About this update from Pt Pertamina Geothermal Energy Tbk

Indonesia's state energy company Pertamina, through its upstream unit, has acquired a 24.5% participating interest in the offshore, ultra-deepwater Bobara block in the Papua region from Malaysia's Petronas, Pertamina said in a statement on Monday.The companies signed the deal on the sidelines of an Association of Southeast Asian Nations (ASEAN) summit in Kuala Lumpur over the weekend, Pertamina said. French TotalEnergies also holds a participating interest in the block.

View stock analysis, news, and events for Pt Pertamina Geothermal Energy Tbk