IOCs Split on Indonesian Upstream's Renewed Appeal

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  • Indonesia remains strategic for a few international oil companies (IOCs) that are seeking to maximize production and revenues from legacy assets.
  • Operators are asking for more incentives to pursue much-needed exploration for Indonesia to achieve its ambitious 2030 production targets.
  • Eni and Pertamina are said to be taking stakes in flagship Indonesian projects being abandoned by wantaway majors.

The Issue

Upstream Projects, Corporate Strategy , Exploration, Upstream Licensing, Deepwater, Offshore Oil and Gas, Capital Spending, Majors
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