Jakarta, April 25 -- The Indonesian Energy and Mineral Resources (ESDM) Ministry is offering 116 new oil and gas blocks to global investors to achieve production targets.

In addition to opening new oil and gas working areas (WK), the government is establishing technological and operational collaboration in existing working areas through ESDM Ministerial Regulation No. 14 of 2025, according to the ministry's director general of oil and gas, Laode Sulaeman said in a statement on Friday (April 24).

As stipulated in the 2026 State Budget, the oil production target is projected at 610,000 barrels of oil per day.

Laode stated that the major discovery in the Geliga Well, Ganal Block, in offshore East Kalimantan, which is estimated to have a g...