By OGJ editors
HOUSTON, Sept. 13 -- Indonesian state-owned Pertamina and Norway's Statoil ASA signed a memorandum of understanding that provides a framework for analyzing joint exploration and production opportunities. No specific projects were mentioned, however.
The agreement outlines that E&P work will start initially in Indonesia and then potentially begin in other countries.
Indonesia President Susilo Bambang Yudhoyono and Norway Prime Minister Jens Stoltenberg attended the signing ceremony in Oslo.