EnQuest PLC received confirmation from the Ministry of Energy and Minerals of Indonesia that the company and its JV partners are winning bidders for two blocks in Papua Barat, Indonesia.

Image by PeterHermesFurian via iStock London-based EnQuest PLC said it has won the bidding for two production sharing contracts (PSCs) for the Gaea and Gaea II blocks in Papua Barat, Indonesia ...

Indonesia has granted five oil and gas exploration blocks to various companies, marking a strategic move to bolster its declining oil and gas reserves and enhance national energy security ...