Woodside Energy, Santos and Japan’s INPEX could lose some rights to extract oil and gas as Indonesia pushes to reopen fractious maritime boundary negotiations with Australia for the first time in 24 years.
Indonesia’s top border negotiator confirmed to The Australian Financial Review that talks to settle the boundary were restarted in December 2019, but stalled over the last year due to the COVID-19 pandemic.
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Angus Grigg is an investigative reporter based in Sydney. He has worked as a foreign correpondent in China and Indonesia, and has won two Walkley Awards. Connect with Angus on Twitter. Email Angus at agrigg@afr.com
Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com