JAKARTA, The Jakarta Post --- PT Apexindo Pratama Duta, a unit of the country’s largest publicly traded oil company, won a contract to drill in a block operated by a joint venture of BP Plc. and Eni SpA.
The onshore rig will drill in Vico Indonesia’s block in East Kalimantan province over a period of six months, Apexindo said in a statement to the Jakarta Stock Exchange on Thursday.
“We are currently moving the rig and other equipment from Madura to the field,” Agustinus Lomboan, the company’s finance director, said by telephone Thursday. “We expect to start work in the second week of May.”
Apexindo, a unit of PT Medco Energi Internasional, own and operates nine onshore drilling rigs and four swamp barges contracted by the Indonesian unit of Total SA. It also operates one jack-up rig in the Middle East for Norway’s Statoil ASA, and recently completed another, which will be use in Total’s fields in East Kalimantan.
Sea Drill Ltd., an oil rig owner controlled by Norwegian billionaire John Fredriksen, owns a stake in Apexindo. --- Bloomberg
