two-million-barrel floating oil storage facility to support the development of the Cepu oil and gas block. The agency has been criticised for rejecting an onshore storage facility which it says will be more costly and offers less flexibility. A former Pertamina director has issued a report claiming that a subsidiary of ExxonMobil, Cepu’s operator, had…
INDONESIA: BPMigas wants to proceed with floating oil storage to support Cepu field development
Posted on October 2, 2008 by EnergyAsia