Kuwaiti Oil Firm to Invest $300MM for Increase in Indonesian Output
There is something here they are not being straight about.
They never mentioned that they sold their majority shareholding of their Bula field operations to the Chinese (CITIC) and that the field is in severe decline.
One can only assume that Hess, premier and Japex will see the benefits of this largesse while Bula goes quietly off-line.
They never mentioned that they sold their majority shareholding of their Bula field operations to the Chinese (CITIC) and that the field is in severe decline.
One can only assume that Hess, premier and Japex will see the benefits of this largesse while Bula goes quietly off-line.