{"id":15177,"date":"2025-05-22T06:15:00","date_gmt":"2025-05-21T22:15:00","guid":{"rendered":"https:\/\/www.classic-ap.com\/?p=15177"},"modified":"2025-05-23T18:16:11","modified_gmt":"2025-05-23T10:16:11","slug":"sk-earthon-expands-into-indonesia-by-securing-two-oil-blocks","status":"publish","type":"post","link":"https:\/\/www.classic-ap.com\/en\/industry-news-en\/sk-earthon-expands-into-indonesia-by-securing-two-oil-blocks.html","title":{"rendered":"SK Earthon expands into Indonesia by securing two oil blocks"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"780\" height=\"390\" src=\"https:\/\/www.classic-ap.com\/wp-content\/uploads\/2025\/05\/01-11.jpg\" alt=\"\" class=\"wp-image-15178\" srcset=\"https:\/\/www.classic-ap.com\/wp-content\/uploads\/2025\/05\/01-11.jpg 780w, https:\/\/www.classic-ap.com\/wp-content\/uploads\/2025\/05\/01-11-300x150.jpg 300w, https:\/\/www.classic-ap.com\/wp-content\/uploads\/2025\/05\/01-11-768x384.jpg 768w, https:\/\/www.classic-ap.com\/wp-content\/uploads\/2025\/05\/01-11-600x300.jpg 600w\" sizes=\"auto, (max-width: 780px) 100vw, 780px\" \/><\/figure>\n\n\n\n<p>SK Earthon expanded its footprint to Indonesia, having secured two offshore exploration blocks \u2013 Serpang, northeast of Java Island; and Binaiya, near the eastern Maluku Islands \u2013 with Indonesia\u2019s oil and gas regulatory body, SKK Migas.<br>The Serpang block is one of Indonesia\u2019s most promising hydrocarbon regions. SK Earthon holds a 14% stake in the block, with Malaysia\u2019s state-owned oil company, PETRONAS, serving as the operator with a 51% stake and Japan\u2019s largest oil and gas company, INPEX CORPORATION, owning the remaining 35%.<br>The Binaiya block lies in a region known for its active exploration activities. SK Earthon holds a 22% stake in the block, with Indonesia\u2019s state-owned oil company, Pertamina, serving as the operator with a 56% stake, while Malaysia\u2019s PETRONAS owns the remaining 22%.<br>In Malaysia, SK Earthon secured operatorship of the SK427 block, located offshore in Sarawak, in 2022. Last year, the company further expanded its presence by acquiring operatorship of the Ketapu block within the SK427 block area. Earlier in 2025, the company achieved notable oil discoveries in Vietnam\u2019s 15-1\/05 and 15-2\/17 blocks, located in the Cuu Long Basin, which produces over 50% of Vietnam\u2019s oil and gas.\uff082025-05-22\uff09<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SK Earthon expanded its footprint to Indonesia, having secured two offshore exploration blocks \u2013 Serpang, northeast of Java Island; and Binaiya, near the eastern Maluku Islands \u2013 with Indonesia\u2019s oil and gas regulatory body, SKK Migas.The Serpang block is one of Indonesia\u2019s most promising hydrocarbon regions. SK Earthon holds a 14% stake in the block, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[40],"tags":[],"class_list":["post-15177","post","type-post","status-publish","format-standard","hentry","category-industry-news-en"],"_links":{"self":[{"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/posts\/15177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/comments?post=15177"}],"version-history":[{"count":1,"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/posts\/15177\/revisions"}],"predecessor-version":[{"id":15180,"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/posts\/15177\/revisions\/15180"}],"wp:attachment":[{"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/media?parent=15177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/categories?post=15177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/tags?post=15177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}