Revisiting the ONWJ Block: Disputes

On January 5, 2018, the South Jakarta District Court registered a default lawsuit filed by Ascention Ltd against EMP ONWJ Ltd, subsidiary of PT Energi Mega Persada Tbk (ENRG) controlled by the Bakrie family. The lawsuit did not mention the root of the problem in details, but we know that EMP ONWJ Ltd recently lost its participating interest in the Offshore North West Java (ONWJ) oil and gas block after the Government decided to give 100 percent of the participating interest to PT Pertamina Hulu Energi (PHE). Back in December 2017, ENRG also asked the Government to repay the investment they spent in the block before their contract was terminated.

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