Page 1 - AsianOil Week 35
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Issue 735 03•September•2020 Week 35
Upstream focus
Despite the raft of challenges that COVID-19 has presented the upstream,
Pertamina is confident it can keep production stable and bolster its RRR.
Performance pressure
China’s Big Three oil companies have each seen their bottom lines ravaged by
the COVID-19 pandemic, which has sent global energy demand into a spin.
Prize pursuit
MedcoEnergi is reportedly pursuing a clutch of upstream assets in Australia,
despite the Indonesian group having swung into the red in the first quarter.
Production gains
Australia’s State Gas has revealed a new CBM production test record at its
wholly owned Reid’s Dome project in the Bowen Basin.