Gulf marks 40th anniversary in Natuna

Gulf marks 40th anniversary in Natuna

JAKARTA: Gulf Indonesia Resources marked its 40th year of operations in the Natuna islands by donating earlier this month Rp 60 million of medical equipment and scholarships to residents of Terempa, a subdistrict in the islands.

The company's government and public relations coordinator, Cino Calfino, said here last Saturday that the assistance was part of its community development program in the islands, where it has been exploring and drilling for oil and gas for 40 years.

He said the donation was handed over by the company's vice president, John K. Wearing, in Terempa subdistrict, which residents hope will become part of the proposed Riau Islands province.

"We'll continue to pursue the community development program as part of our efforts to empower the local people," Cino Caqlfino said, adding that his company has helped locals improve their economy and has hired many of them as employees.

Together with its partners, Gulf Indonesia Resources, a Canadian company listed on the New York Stock Exchange, plans to invest US$200 million per year over the next several years to explore and develop new oil and gas fields in Indonesia. --JP