Eni awarded a new exploration licence in the prolific Kutei Basin, Indonesia
Indonesia, Sept. 24 -- Eni confirms the award of the Sapukala block with 100% participating interest in the Kutei Basin, in Indonesia, within the framework of the first Indonesia Petroleum Bidding Round 2026. The award follows the execution of a joint study with a prominent Indonesian academic institution, in accordance with local regulatory requirements, and participation in the direct offer bid round.The Sapukala offshore block covers a large area in the deep-water sector (1,000-2,500 m water depth) of the Kutei Basin, East Kalimantan. The acreage is adjacent to Eni's existing operated and participated blocks and close to the future North Hub developments, now operated by Searah (Eni 50%, Petronas 50%), which include the Geng North, Gehem...
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