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UK supermajor BP has signed 30-year manufacturing sharing contracts for the Agung I and Agung II gasoline exploration blocks offshore Indonesia with the host authorities — acreage provided within the second spherical of the 2021 Oil & Fuel Working Space Bid Spherical.
The deep-water Agung I PSC covers 6656 sq. kilometres offshore Bali and East Java, and the Agung II deep-water block is situated offshore South Sulawesi, West Nusa Tenggara and East Java and covers an space of 7970 sq. kilometres.
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