Indonesia

StatoilHydro has agreements which give us interests in the deepwater Kuma and Karama blocks off Indonesia, where the water depth ranges from 1,000 to 2,000 metres.

We have received the operatorship and a 51% holding in Karama, which lies in the Makassar Strait. The remaining 49% is held by Pertamina (Persero), Indonesia’s national oil and gas company.

ConocoPhillips is operator for the Kuma block, with 60%, while we hold the other 40%.

Country facts:

Official name:

Republic of Indonesia

Area: 1,919,440 sq km2
Population: 245,452,739 (est. 2006)
Form of government: Independent republic
Capital: Jakarta (9 million)
Language: Bahasa indonesia (official), local languages, English.
Religion: Islam (88%), Protestant (5%), Roman Catholic (3%), Hindu (2%), Buddhism (1%)
Currency: Rupiah
GDP per capita: 3,600 (est. 2005)
Industries: Oil, gas, pewter, copper, coal, gold, silver
Time difference from Norway: 5-7 hours ahead (three time zones)

Source: U.S. Department of State, www.timeanddate.com

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