- Repsol (OTCQX:REPYF, OTCQX:REPYY) has submitted a proposal to operate Indonesia’s Corridor natural gas block which is currently being operated by ConocoPhillips (NYSE:COP), according to the head of the country's upstream oil and gas regulator SKK Migas.
- Repsol joined Indonesian state energy firm PT Pertamina and COP in the bidding process for the operatorship starting 2023.
- “ConocoPhillips, Pertamina and Respol, these three companies are very interested. We are still evaluating [the proposals],” says the SKK Migas chairman.