Plan of development (PoD) I of Merakes and Merakes East fields with estimated investment of US$3.35 billion has been approved three weeks ago. We’re now waiting final investment decisions of some major companies in two long-delayed oil and gas projects: Indonesian Deepwater Development (IDD) in the Makassar Strait and Abadi LNG in the Masela Block. Another major project to watch is HPAL in Halmahera, North Maluku.To subscribe please click here
