What are the odds of ExxonMobil settling with Pertamina?

An agreement over developing the Cepu oil fields in Indonesia should be signed today, but does that mean the deal is done?

This time, is it for real

IndonesiaÆs state oil and gas firm PT Pertamina and US oil giant ExxonMobil Corp are expected to officially sign today March 15 an agreement to jointly operate the Cepu oil block.

This could end a highly-political, protracted, four-year dispute over the $2.6 billion plan û but the end is nigh call has been sung out before to develop the country's biggest untapped oil field, which straddles the border of East Java and Central...

To continue reading, please login or register for free

Click for more on: cepu | exxonmobil | pertamina

Print Edition

FinanceAsia Print Edition