What We Do
Our Projects
Conrad Asia Energy holds operated interests in three offshore Indonesia Production Sharing Contracts (PSCs). The Duyung PSC — which contains the Mako Gas Field — is the cornerstone of the portfolio, complemented by the Offshore North West Aceh (ONWA) and Offshore South West Aceh (OSWA) PSCs. Together they combine a fully funded, near-term development, additional shallow water discoveries plus substantial multi-Tcf upside.
Our Portfolio
ANCHOR ASSET. 22.875% OPERATED INTEREST
Duyung PSC (Mako Gas Project)
One of the largest undeveloped gas discoveries in the West Natuna Sea. Final Investment Decision approved March 2026, with first gas targeted for Q4 2027 under a fully funded development.
100% Operated
Offshore North West Aceh (ONWA) PSC
Meulaboh Area, Offshore Aceh, Indonesia
A 100%-operated PSC containing existing shallow-water gas discoveries alongside multi-Tcf deep-water exploration potential, with a 30-year tenure and committed work programme.
100% Operated
Offshore South West Aceh (OSWA) PSC
Singkil Area, Offshore Aceh, Indonesia
A 100%-operated PSC complementing ONWA, adding further shallow-water discovery appraisal and deep-water prospectivity across the southern acreage.
