Exxon Mobil Corporation XOM, the U.S. oil and gas giant, has ramped up production at the Cepu Block in Indonesia, delivering an additional 30,000 barrels of oil per day.

The Cepu block production sharing contract (PSC) was signed in 2005 by ExxonMobil Cepu Ltd. (EMCL), PT Pertamina EP Cepu, and four local government companies.

Exxon Mobil Corp has awarded two engineering contracts to build floating storage and offloading facilities at the Banyu Urip oilfield, and said this will lead to full production of 165,000 barrels ...

Crude oil production at Exxon Mobil's Cepu oil block in Indonesia had peaked at 185,000 barrels per day this week, spokesman Erwin Maryoto told reporters on Tuesday. Skip to main content.

ExxonMobil and Pertamina failed in January to meet their target of concluding the protracted negotiations over the future of the Cepu block in Indonesia a dispu ...

ExxonMobil signed the Production Sharing Contract (PSC) for the Cepu Block in 2005 via ExxonMobil Cepu Limited ... EXXON Mobil-0.35. Open 57.81 Trading Vol. 6.96M Previous Vol. 241.7B. BUY 57.15.

Indonesia's state-owned oil and gas company Pertamina insists on a 35% stake in ExxonMobil's Cepu technical assistance contract onshore Java. Cepu contains the Banyu Urip oilfield development with ...

ExxonMobil subsidiary Mobil Cepu Ltd. and state-owned PT Pertamina each hold a 45% stake in the block, with the remaining 10% controlled by local government administrations.