• Inpex won exploration rights for the Barong Working Area offshore East Java in Indonesia under the country’s second 2025 petroleum bidding round.
• A production sharing contract was signed with upstream regulator SKK Migas through subsidiary Inpex Barong, alongside partner BP Barong.
• Inpex Barong will operate the block with a 51% stake; BP Barong holds 49%.
• The area covers 8,499.88 sq km with water depths of 0 to 1,000 meters.
• The award was disclosed on May 21, 2026, with Inpex flagging potential for a move into development if exploration succeeds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Inpex Corporation published the original content used to generate this news brief on May 21, 2026, and is solely responsible for the information contained therein.