Pertamina Takes Over Mahakam Block

Pertamina has officially taken over operations of the Mahakam block from Total E&P Indonesie and Inpex Corporation.

Kompas/Hendra A Setyawan

A Pertamina oil refinery in Balikpapan, East Kalimantan, is seen from the air in this Feb. 5, 2015 file photo. Starting in January 2018, Pertamina will start managing the Mahakam block in East Kalimantan, taking over all operations from France’s Total Exploration & Production Indonesia and Japan’s Inpex Coorporation.

BALIKPAPAN, KOMPAS – State-owned oil and gas company Pertamina has officially taken over operations of the Mahakam block in East Kalimantan from France’s Total E&P Indonesie and Japan’s Inpex Corporation.

The right to operate the Mahakam block was transferred in a ceremony shortly before 2017 turned over to 2018 in Balikpapan, East Kalimantan. Total had operated the Mahakam block since 1967 and its contract expired on Dec. 31, 2017.