PETRONAS reaches investment decision on Indonesia Hidayah field, regulator says


— Bloomberg

JAKARTA: Indonesia's upstream oil and gas regulator SKK Migas said on Thursday that Malaysia's Petronas has reached a final investment decision for its Hidayah field project in East Java province.

SKK Migas in a statement said it expected the Hidayah field to be on stream in the first quarter of 2027 and would produce 88.55 million stock tank barrels until 2041.

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PETRONAS , SKK Migas , FID , Hidayah field

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