BPMIGAS definition
Examples of BPMIGAS in a sentence
PERTAMINA EP has signed the PERTAMINA Oil and Gas Contract with the Implementing Body for Upstream Oil and Gas Business Activities (BPMIGAS, currently known as SKK Migas pursuant to Presidential Regulation No. 9 of 2013) on September 17, 2005, with a duration of 30 years, expiring on September 16, 2035, as most recently amended by the Amendment III to the PERTAMINA EP Cooperation Contract on August 30, 2022 (hereinafter referred to as the “PERTAMINA EP KKS”).
PCI holds a 10% Participating Interest in the Madura PSC Contract relating to the right to join and assist BPMIGAS in accelerating the exploration for and development of the potential resources within the Madura Contract Area.
Madura PSC Contract is a production sharing contract relating to the right to join and assist BPMIGAS in accelerating the exploration for and development of the potential resources within the Madura Contract Area covering approximately 2,712.67 square kilometers in East Java, the Republic of Indonesia.