The Indonesian government has awarded BP two oil and gas production sharing contracts (PSCs) for 100 percent interest in the offshore West Aru I and II PSCs in the Arafura Sea, Indonesia.
"In the past two years BP has deepened its position in Indonesia through access to four coalbed methane PSCs in Kalimantan and three conventional gas blocks in Papua," said William Lin, BP's Regional President for Asia Pacific. "These two new blocks are strong additions to this portfolio and will benefit from BP's expertise in deepwater exploration.
"We appreciate the continued support and confidence of the Government of Indonesia," he said.
The West Aru I and II PSCs are located approximately 500 kilometres southwest of the BP-operated North Arafura PSC and 200 km west of the Aru island group, in the Maluku province of Indonesia.
The West Aru I PSC covers an area of approximately 8,100 square kilometres and the West Aru II PSC covers an area of approximately 8,300 square kilometres.
The two blocks have water depths ranging between 200 metres and 2,500 metres. BP expects to commence seismic operations in these blocks in the near future.