JAKARTA, Feb 22 - Indonesia has appointed several firms to conduct exploration of three oil and gas blocks, which include units of state energy company Pertamina and Italy's EniIndonesia plans to offer
10 oil and gas working areas to contractors this year, including a block in the South China Sea, amid efforts to make new discoveries and reach one million barrels of oil per day by 2030. For Bunga, located north of East Java, a consortium of PT Pertamina Hulu Energi and South Korea's POSCO International CorporationThe block has an estimated oil and gas resource of 1.3 billion barrels of oil equivalent, similar to Peri Mahakam, which he said would be explored jointly by a consortium of Pertamina Hulu Energi and Eni Indonesia.
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