Pertamina to Take Over Natuna Sea Oil Block from Harbour Energy

Government Backs National Company for Strategic Energy Project

PT Pertamina (Persero) is poised to replace Harbour Energy in the development of the Tuna Block located in the Natuna Sea. This move is supported by the Indonesian government, which prefers national companies to lead strategic energy projects. The decision was revealed by Djoko Siswanto, Head of SKK Migas, the special task force for upstream oil and gas activities in Indonesia.

Partnership with Russian Oil Company

Pertamina is expected to partner with Zarubezhneft, a Russian oil and gas company, in developing the Tuna Block. This collaboration indicates Indonesia's strategic energy partnerships extend beyond national borders while maintaining domestic involvement. The Tuna Block is considered a significant energy asset for Indonesia, and this change in operatorship reflects the government's push for greater national participation in critical energy projects.

Background of Harbour Energy's Exit

According to Djoko Siswanto, Harbour Energy has decided to exit the Tuna Block, creating the opportunity for Pertamina to take over. The government has been in discussions with Pertamina regarding this potential takeover, signaling a broader strategy to strengthen national control over key energy assets. This development aligns with Indonesia's energy security policies and its efforts to optimize domestic energy resources.