Indonesia has approved the development plan for the Mako gas field, Empyrean Energy PLC and Coro Energy PLC said.Indonesia’s Ministry of Energy and Mineral Resources (MEMR) has approved the plan of development (POD) for the Mako gas field at the Duyung production sharing contract (PSC), offshore Indonesia, said a joint statement.
Indonesian oil & gas exploration and production company Conrad Petroleum has flowed dry gas from its Tambak-1 well located in the Duyung PSC in the West Natuna Basin, offshore Indonesia.The Tambak-1 well was designed to both appraise the Mako gas field and test the underlying Tambak exploration prospect. Coro Energy plc holds a 15% interest in this project.
Mitsubishi Shipbuilding Co., Ltd., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, held a christening and launch ceremony on August 2 for a ferry currently under construction for Hankyu Ferry Co., Ltd., which is based in Kitakyushu, Fukuoka. The new vessel, named "Settsu," will replace the superannuated "Yamato," one of four large ferries operated by the company.