OilVoice - Pre-bid round to the First Indonesia Petroleum Bidding Round 2010

Pre-bid round to the First Indonesia Petroleum Bidding Round 2010

Thursday, March 25, 2010

Indonesia's Directorate General of Oil and Gas (MIGAS) launched a tentative pre-bid round to the First Indonesia Petroleum Bidding Round 2010 on 3 February 2010. For this tentative pre-bid round, a total of 35 blocks are being offered with 19 blocks under Regular Tender and 16 blocks under Direct Proposal Tender.

This is not an official bid round. Thus a bid deadline and bid documents are not available. It was understood that MIGAS will officially open a bid round after gauging the level of interest gathered during this pre-bid round.

To read the full report please visit Deloitte Petroleum Services website