Bussiness | Economy
Pertamina Acquires 24.5% of Petronas Shares in Bobara Block, Boosting Indonesia's Energy Strength
09:47, 29 Oct 2025
PT Pertamina (Persero), through its subsidiary PT Pertamina Hulu Energi (PHE), has officially acquired a 24.5 percent participating interest or shares owned by Petroliam Nasional Berhad (Petronas) in the Bobara Block, located in the ultra-deepwater offshore area of West Papua.
The acqui