AWE Limited has received government approval for a project at offshore East Java.
The firm was given approval by the Government of Indonesia for the development of the Lengo gas project.
Bruce Clement, managing director, said: “Achieving an approved plan of development for the Lengo gas project in Indonesia is another significant milestone for AWE and underlines the success of our growth strategy and the benefits of our balanced portfolio of assets.
“Lengo is well positioned to supply a strengthening gas market in East Java where growing demand has helped gas prices remain firm despite current oil market volatility.”
The project’s operator is KrisEnergy.
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