Conrad Asia Energy wins two oil, gas blocks in Aceh, initiates $30 million in investment - Sat, November 12 2022
(The Jakarta Post)
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Jakarta ●
Sat, November 12 2022
The Energy and Mineral Resources Ministry has called energy company Conrad Asia Energy Ltd. as the winning bidder for the Meulaboh and Singkil employed areas off the coast of Aceh.
The ministry’s oil and gas director general, Tutuka Ariadji, said the company’s three-year total investment commitment for each oil and gas stopped was US$15 million, while the signing bonus was $50,000.
“The executive is made based on the assessment results of the participation documents submitted by the bidders,” Tutuka said in a virtual briefing on Tuesday.
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SRC: https://news.google.com/__i/rss/rd/articles/CBMiiAFodHRwczovL3d3dy50aGVqYWthcnRhcG9zdC5jb20vcGFwZXIvMjAyMi8xMS8xMi9jb25yYWQtYXNpYS1lbmVyZ3ktd2lucy10d28tb2lsLWdhcy1ibG9ja3MtaW4tYWNlaC1wbGVkZ2VzLTMwLW1pbGxpb24taW4taW52ZXN0bWVudC5odG1s0gGMAWh0dHBzOi8vd3d3LnRoZWpha2FydGFwb3N0LmNvbS9hbXAvcGFwZXIvMjAyMi8xMS8xMi9jb25yYWQtYXNpYS1lbmVyZ3ktd2lucy10d28tb2lsLWdhcy1ibG9ja3MtaW4tYWNlaC1wbGVkZ2VzLTMwLW1pbGxpb24taW4taW52ZXN0bWVudC5odG1s?oc=5