Fossil Energy – Indonesia
EnQuest and its joint venture (JV) partners have won two production sharing contract (PSC) blocks in Papua Barat, Indonesia.
The company received confirmation from the Ministry of Energy and Minerals of Indonesia for the two blocks, named Gaea and Gaea II.
The blocks hold a multi-trillion cubic feet unrisked resource potential, positioning EnQuest and its JV partners for significant growth in the region.
