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KrisEnergy gets nod for Indonesia gas project

Tuesday, December 30, 2014 - 05:50
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KrisEnergy currently has some 65% of its production in gas, and 35% in oil. But this is expected to swing towards oil next year, as two offshore Thai fields come into production

Singapore

OIL and gas company KrisEnergy has received approval from the Indonesian government to develop a gas field in offshore East Java - its first as an operator in the country.

The green light for the Lengo gas field in the Bulu production sharing contract (PSC) would allow it

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