OCEANIA

Indonesia dishes out oil and gas blocks before leaving OPEC

TO help regain its former oil-producer status, the Indonesian government has awarded 22 new oil and gas blocks out of 25 offers, with oil major Chevron reportedly picking up two offshore blocks in the nation's West Papua province.

Blair Price

Indonesia dishes out oil and gas blocks before leaving OPEC

Reported by Dow Jones Newswires ConocoPhillips was awarded the Arafura Sea Block while Husky Energy gained the offshore North Sumbawa II block. For key onshore blocks, Malaysia's Ranhill Energy received...

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