The US oil giant Exxon Mobil has won rights to explore the Cendrawajh Block off Papau alongside partner company Biak Petroleum. It will invest an initial $40m.
Hess has won access to the South Sesulu Block off Kalimantan and will spend $26m during the first three years.
According to the Jakarta Post, the pair were among 11 companies awarded rights to blocks by the Energy and Mineral Resources Ministry.
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