Markets

Indonesia awards oil blocks to Shell, Petronas, Pertamina

Published March 18, 2015 Updated March 18, 2015 06:29am

JAKARTA: Indonesia's state-owned Pertamina, Royal Dutch Shell, and Malaysia's Petronas were among the companies awarded Indonesian oil and gas blocks in its latest offering of exploration concessions, government officials said on Wednesday.

In the tender round, Indonesia offered 13 conventional and three unconventional oil and gas blocks. It was not yet clear which blocks were awarded to the three major oil firms.

Copyright Reuters, 2015