The West Madura Saga

The government extended the contract on the West Madura offshore oil field. However, CNOOC and its partner, Pure Link, have withdrawn. The final decision on participating interests in the shares lies in the hands of Minister Darwin Zahedy Saleh.

May 11, 2011

CHOY Jae Won looked restless outside the auditorium on the 10th floor of the Ministry of Energy and Mineral Resources building in Jakarta on Thursday last week. Several times the general manager of South Korean oil company Kodeco Energy Co Ltd, stood up from his chair and peered into the room which had begun to fill up with the arrival of dozens of other guests.

The clock showed 1:30pm WIB (West Indonesian Time). Based on the invitation, the event

...

More Articles