{
    "success": true,
    "data": {
        "id": 1252094,
        "msgid": "medco-energi-acquires-rombebai-block-1447893297",
        "date": "2002-10-03 00:00:00",
        "title": "Medco Energi acquires Rombebai block",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Medco Energi acquires Rombebai block JAKARTA: PT Medco Energi International Tbk, through Medco International Ventures Ltd., signed an agreement for acquiring up to 80 percent working interest of Rombebai PSC block in Papua from Ramu International LLC. By the agreement, the operation of the block will then be transferred to Medco Energi. Rombebai PSC block, which is 11,590 square kilometers in size, is located onshore northeast Papua.",
        "content": "<p>Medco Energi acquires Rombebai block<\/p>\n<p>JAKARTA: PT Medco Energi International Tbk, through Medco<br>\nInternational Ventures Ltd., signed an agreement for acquiring up<br>\nto 80 percent working interest of Rombebai PSC block in Papua<br>\nfrom Ramu International LLC.<\/p>\n<p>By the agreement, the operation of the block will then be<br>\ntransferred to Medco Energi.<\/p>\n<p>Rombebai PSC block, which is 11,590 square kilometers in size,<br>\nis located onshore northeast Papua. It is currently an<br>\nexploration block with indication of significant gas<br>\naccumulation. The operation of the block is to anticipate growing<br>\ndemands for gas in the Asia Pacific region.<\/p>\n<p>The agreement marked the first time for the company to enter<br>\nPapua to explore and develop energy resources in the region, said<br>\nthe company in a statement available to the media.--JP<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/medco-energi-acquires-rombebai-block-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}