• Arya News AgencyEnglish
    • خبرگزاری آریافارسی
    • وکالة آریا للأنباءالعربیه
Tuesday, September 22, 2026
  • Home
  • Iran
    • World
      • Economy
        • Sports
          • Technology
            • Archive
            World

            Indonesia’s Energy and Natural Resources Ministry awards oil and gas blocks to President Prabowo’s brother, Sinopec, others

            Tuesday, September 22, 2026 - 04:56:55
            • 4 دقیقه زمان مطالعه
            Indonesia’s Energy and Natural Resources Ministry awards oil and gas blocks to President Prabowo’s brother, Sinopec, others
            Arya News - PT Nations Petroleum, an oil and gas company under the Arsari Group, owned by Hashim Djojohadikusumo, the younger brother of President Prabowo Subianto, secured the Natuna D-Alpha working area through the direct offer mechanism.

            JAKARTA – The Energy and Mineral Resources Ministry has named the winners of six oil and gas working areas under Phase I of the 2026 tender.
            The awards, issued under Energy Ministerial Decree No. 108.K/MG.4/DJM/2026 on Sept. 17, form part of the government’s broader push to accelerate exploration and unlock new fossil energy reserves beneath Indonesian soil.
            “The addition of these reserves is expected to support the sustainability of oil and gas production and meet future national energy needs,” the ministry said in a statement on Friday.
            The six blocks were awarded through two mechanisms. Two areas, Sapukala and Natuna D-Alpha, were secured via direct offer. Four others: Bengara II, Pesut Mahakam, Puri and Rupat, were awarded through a regular tender based on 2025 ABT study areas.
            The most politically notable winner is PT Nations Petroleum, an oil and gas company under the Arsari Group, owned by Hashim Djojohadikusumo, the younger brother of President Prabowo Subianto. The firm secured the Natuna D-Alpha working area through the direct offer mechanism.
            The firm has committed to a signature bonus of US$200,000 (Rp 3.5 billion) to be paid to the government and a total commitment of $103.309 million for the initial three-year exploration period.
            PT Nations Petroleum’s commitment comprises three geological and geophysical study packages, 3D seismic data acquisition and processing covering 591 square kilometers, one pilot unit design and engineering project, three CO2 integrated study packages, one manufacturing, procurement, and construction (MPC) project, two EPC design cost packages, one appraisal well, one exploration well and one package for operations, multi-mode testing and monitoring.
            The Natuna D-Alpha Block is a working area located off Natuna Island in the Riau Islands. The block holds gas potential of up to 222 trillion cubic feet (TCF), touted as one of the largest reserves in the world.
            However, the gas-rich field contains high levels of carbon dioxide (CO2), meaning the exploitable gas volume is likely only around 46 TCF.
            Separately, the Energy Ministry estimates Natuna D-Alpha’s oil potential at about 2,865 million barrels (MMBO).
            The government said adding these reserves is expected to support sustainable oil and gas production and meet future national energy needs.
            “The government expects the winners to fulfill and realize all established commitments, particularly regarding the execution of exploration activities, in accordance with applicable regulations,” the ministry stated.
            Chinese energy giant Sinopec International Energy Investment Holdings Limited also emerged as a winner, taking the Bengara II block. Hong Kong-based Cinda Energy Limited, meanwhile, won the Rupat block.
            In total, the firm commitment value for the six working areas reached $141.51 million, with an accumulated signature bonus of $1.6 million.
            Despite that, three oil and gas working areas, Rombebai, Maratua II and Jayapura, remain without a winner.
            The ministry said these areas are now being offered as “Available Working Areas” under applicable rules, opening opportunities for business entities and permanent establishments to participate again through the Direct Offer mechanism.
            Offers may be submitted with or without a joint study. The Direct Offer auction process without a joint study runs for 30 calendar days, while proposals may be submitted to the Director General of Oil and Gas within a maximum of six months after the determination of the offer results.
            Business entities may also propose their own preferred terms and conditions.
            “These three Available Working Areas offer exploration opportunities with characteristics and key Cooperation Contract terms tailored to the specific conditions of each working area,” the ministry emphasized.
            Read More:
            Indonesia’s President Prabowo’s latest swipe at experts draws backlash
            Recentralisation concerns in fiscal, education policies heighten in Indonesia

            Short Link:
            News Code:
            Member Code:

            More News
            US approves visas for top Iranian leaders to attend UN General Assembly
            US approves visas for top Iranian leaders to attend UN General Assembly
            South African President Warns of Dangers of Using AI to Develop Biological Weapons
            South African President Warns of Dangers of Using AI to Develop Biological Weapons
            Russian Forces Keep Crippling Ukraine`s Military Logistics
            Russian Forces Keep Crippling Ukraine`s Military Logistics
            Israel says it destroyed Hezbollah base in Lebanon’s Ali al-Taher ridge
            Israel says it destroyed Hezbollah base in Lebanon’s Ali al-Taher ridge
            Russia and Vietnam Push Back Against Asset Freezes and Foreign Interference in Joint Statement
            Russia and Vietnam Push Back Against Asset Freezes and Foreign Interference in Joint Statement
            Mamdani releases records on toxic air in New York after 9/11 attacks
            Mamdani releases records on toxic air in New York after 9/11 attacks
            Sever Bay Terminal to Become Largest Northern Oil Port - Putin
            Sever Bay Terminal to Become Largest Northern Oil Port - Putin
            US imposes sanctions on Turkish bank, prompting legal threat
            US imposes sanctions on Turkish bank, prompting legal threat
            Nepal’s deadly floods halt electricity exports to Bangladesh
            Nepal’s deadly floods halt electricity exports to Bangladesh
            • More News
            • India’s chip push gathers pace: 25 SEMICON deals target gases, chemicals, packaging and power electronics
            • Indonesia’s Energy and Natural Resources Ministry awards oil and gas blocks to President Prabowo’s brother, Sinopec, others
            • Indonesia prepares for new era of naval power
            • UMNO is crowdfunding Malaysia ex-PM Najib’s house arrest fine. Detractors are chipping in for a different reason
            • Romance isn’t dead, but in Pakistan’s Lahore, it is flatlining
            • South Korea President Lee’s top aide offers resignation as pressure mounts on ruling bloc
            • Indonesia’s Energy and Natural Resources Ministry awards oil and gas blocks to President Prabowo’s brother, Sinopec, others
            • China’s new draft regulation aims to shield minors online
            • US and China explore alert system for AI safety, despite trust deficit
            • Pakistan ex-PM Imran Khan’s son says aunts, cousins detained as crackdown widens ahead of PTI’s September 27 march
            • Malaysia’s convicted ex-PM Najib Razak to remain in jail until terms met
            • Pakistan carries out ‘calibrated’ airstrikes against terrorist targets in border region with Afghanistan
            • China, US delegations hold trade talks in New York
            • Money is cheap in Nepal. Businesses still aren’t investing
            • China, US delegations hold trade talks in New York
            • Indonesia’s Energy and Natural Resources Ministry awards oil and gas blocks to President Prabowo’s brother, Sinopec, others
            • Jaxson Dart leaves MNF with knee injury; Jameis Winston replaces him as Giants QB
            • Former ‘death squad’ leader appears in military trial in The Gambia
            • Mali marks independence amid a worsening security crisis
            • Typhoon Dujuan kills two in Japan, causes travel chaos near Tokyo
            • Morocco’s youth take Gen Z protest demands to the polls
            • UK to refuel Saudi jets to help counter Houthi attacks
            • US and China explore alert system for AI safety, despite trust deficit
            • Chaos In Madrid, Cavan Does It Again, Messi vs. Garber
            • USMNT camp opens without Noahkai Banks, the 19-year-old defender who chose Germany over the U.S.


              خبرگزاری آریا

              "Arya News Agency" is an official and independent Iranian news agency with the slogan "Transparent, honest and professional movement in information dissemination."

              Join with Us:

              Tuesday, September 22, 2026
              News Groups:
              • Iran
              • World
              • Economy
              • Sports
              • Technology
              Arya Group:
              • Arya Strategic Studies Center
              • Arya Smart Land Company
              • Arya Pioneers of Thought Publishing House
              © - Arya News Agency
              About us| Contact us| RSS| Links| Advanced search