Explorer KUFPEC Eyes more Oil and Gas Opportunity in Indonesia's Natuna Sea

OIL AND GAS - JAKARTA. Kuwait Foreign Petroleum Exploration Company (KUFPEC) is looking at more oil and gas opportunities in Indonesia's Natuna Sea, its country representative said on Monday, with Indonesian President Prabowo Subianto looking to boost the country's production.

Prabowo, who took office in October, aims to ease dependence on imported fuel and plans to offer dozens of new oil and gas blocks to investors in coming years.