Eni sells stake in Indonesian gas blocks to Pertamina

1 report, 1 independent Updated Oct 12

AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Eni signed agreements to sell a 10 percent interest in seven Indonesian blocks to Pertamina and PT Medco Energi Internasional Tbk. These production sharing contracts are operated by Eni’s joint venture with Malaysia's Petronas. Pertamina will obtain 10 percent in the East Sepinggan, North Ganal, and Rapak PSCs, and increase its ownership in East Sepinggan to 25 percent.

From rigzone.com

Why it matters

Some supportBrind's analysis of the reports

The transaction involves strategic oil and gas regions in Indonesia, including the Merakes and East Merakes gas fields. Pertamina’s participation is expected to directly support and accelerate the Kutei North Hub Project, which is designated as a National Strategic Project.

A joint venture is underway involving Eni and entities in both Malaysia and Indonesia regarding upstream industry.

From rigzone.com

Who's involved

PertaminaAcquired participation rights from Eni through a recent stake sale in Indonesian blocks.
EniDivested 10% interest in several Indonesian production sharing contracts.
MalaysiaIts Petronas is involved in the joint venture operating the production sharing contracts.
IndonesiaThe location of the strategic oil and gas blocks involved in the transaction.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

PertaminaSpeculative
Might increase its revenue from strategic gas fields through the acquisition of stakes.
EniSpeculative
Could adjust its segment revenue following the divestment of 10% interest in Indonesian PSCs.

Keep exploring

Part of

A joint venture is underway involving Italy's state-backed company Eni and entities in both Malaysia and Indonesia regarding upstream industry. All 1 developments

The entities involved

Pertamina
Indonesian state-owned oil and gas company
- Pertamina announced support for Micro, Small, and Medium Enterprises (MSMEs) to foster economic growth in Indonesia.Mon 10:20
- Indonesia and Nigeria are strengthening energy security ties, with Pertamina considering investment in Nigeria's upstream sector.Sun 09:06
Eni
multinational oil and gas company based in Italy
- BlackRock increased its shareholdings in several European companies, including Enel, UniCredit, Intesa Sanpaolo, and Eni.Wed 22:36
- QatarEnergy expands its footprint in South America, while Eni and Shell deepen energy partnerships in the region.Tue 11:10
Indonesia
island country in Southeast Asia and Oceania
- Growers attempted to send fruit shipments to Indonesia on November 4, 2026.00:14
- Indonesia finalized a joint naval defense agreement as cooperation increases with partners during a recent tour.Wed 23:37

Related events

Coverage

Newest first; wire copies grouped

Oct 12rigzone.com