Pertamina to Acquire Oil Blocks in Sudan
Indonesian State-owned oil and gas company PT Pertamina says it hopes to acquire two or three oil blocks already operational in Sudan to increase its oil production this year.
Leaving out the financial details of the agreement, Upstream Director of Pertamina Sukusen Soemarinda explained that the company already has adequate funds available for the acquisition.
He said Pertamina has discussed the plan with the Sudanese government and will send a technical team to the country for due diligence studies to select more prospective blocks.
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