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14 Sep 25 |
Indonesia: TIS Petroleum awarded the Perkasa oil and gas block Indonesia's Ministry of Energy and Mineral Resources (ESDM) has named TIS Petroleum as the winner of the Perkasa Oil and Gas Working Area (WK). This determination is based on the results of the 2025 Phase I Direct Bid Auction for the Oil and Gas Working Area, with a firm commitment of USD 2,250,000 for the first three years and a USD 300,000 signature bonus. |
