Indonesia approves Kuwaiti explorer to develop Anambas block in Natuna Sea

The company sees Indonesia as a strategic location for expansion, its chief executive, Eisa Al-Maraghi, said.

"We are working with other partners in Indonesia to reach a mutual agreement to look into more assets to be acquired," Al-Maraghi told a press conference, but declined to give details.

The Anambas development includes installation of subsea pipelines connecting the field to existing facilities in the West Natuna Transportation System, KUFPEC said.