Inp.polri.go.id - Jakarta. The Ministry of Energy and Mineral Resources has opened 10 new high-potential oil and gas blocks to international investors following comprehensive geological studies. 

Director General of Oil and Gas Laode Sulaeman announced on Thursday (5/3/2026) that these areas, including Rupat, Pesut Mahakam, and Northern Papua, feature enhanced data quality provided by the Geological Agency and LEMIGAS, Indonesia’s research and development center of oil and gas.

“Ten new potential oil and gas blocks are now open for prospective investors after successful studies aimed at reducing exploration risks,” he said, as cited by antaranews.com.

To attract global capital, the government is offering aggressive fiscal incentives, including a production split for contractors of up to 50% and flexible contract schemes. Investors can choose between cost recovery or gross split models, with added benefits like indirect tax exemptions during exploration phases.

Proposals for these strategic assets, which are part of a larger 110-block roadmap for 2026, must be submitted to the Directorate General of Oil and Gas between 1 and 10 April 2026.

(mg/inp/pr/rs)