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Official launch of the First Indonesia Petroleum Bidding Round 2010

On 20 May 2010, Indonesia’s Directorate General of Oil and Gas (MIGAS) officially launched the Indonesia Petroleum First Bidding Round 2010. A total of 18 blocks are being offered in this round, with 12 blocks under Regular Tender and six blocks under Direct Proposal Tender.

Indonesia Petroleum First Bidding Round 2010
Blocks Acreage
(sqkm) 		Basin name Bidding method
Sokang 8,217 Sarawak - East Natuna Regular Tender
Singkil 9,925 Sibolga Regular Tender
Nias 10,870 Bengkulu Regular Tender
Sunda Strait II 5,220 Bengkulu Regular Tender
Sunda Strait III 7,694 Bengkulu Regular Tender
Sunda Strait IV 8,257 Bengkulu Regular Tender
South Kangean I 4,896 East Java Regular Tender
South Kangean II 5,077 East Java Regular Tender
SW Makassar 6,027 South Makassar Regular Tender
Wokam I 6,808 Bintuni Regular Tender
Wokam II 4,974 Irian Arafura Regular Tender
Digul 4,223 Irian Arafura Regular Tender
North Sokang 5,456 Sarawak - East Natuna Direct Proposal Tender
South Baronang 5,152 West Natuna - Penyu Direct Proposal Tender
Titan 6,943 Java Sea Direct Proposal Tender
Bone 10,880 Sengkang Bone Direct Proposal Tender
North Arafura 15,190 Irian Arafura Direct Proposal Tender
Onin 3,933 Bintuni Direct Proposal Tender

Bid documents will be available from 30 June 2010. The bid deadline for Direct Proposal Tenders is 18 August 2010 and for Regular Tenders is 29 October 2010.

Indonesia Petroleum First Bidding Round 2010 (red shading for Direct Proposal and green shading for Regular Tender). Source: PetroView®

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