South Korean Firm Buys Into Indonesian Offshore Oil Block

Summary

SK Earthon acquired a 34% stake in the North Ketapang exploration block offshore Indonesia from Petronas North Ketapang. Petronas retains a 51% interest, while PT Pertamina Hulu Energi holds 15%. Exploration drilling is planned to begin within the year.

Recent Coverage

• SK Earthon takes North Ketapang stake ahead of drilling

  Drilling Contractor • Dec 26

• South Korean Firm Buys Into Indonesian Offshore Oil Block

  Asian Oil & Gas • Dec 26