President Director of PT Pertamina (Persero) Nicke Widyawati revealed that the company will add a portfolio of new oil and gas (oil and gas) blocks in Iraq. The discussions regarding the new investment in the oil and gas block had been intense together with local authorities.
The plan, said Nicke, is that Pertamina will invest as a block owner as well as an integrated service provider from upstream to commercial. “There’s a lot of work, we can bring Elnusa, PDSI to do the work there, not only as owners but we can also do their services,” said Nicke during the Media Editor-in-Chief Gathering in Bali, Saturday (June 22).
As is known, Pertamina has been operating in Iraq through ownership of 20% participating rights in the West Qurna 1 Block. The oil block is located in southern Iraq, close to the city of Basra, 400 kilometers southeast of the capital Baghdad.