MI Berau B.V. is a joint venture between INPEX and Mitsubishi Corporation active in Indonesia’s upstream oil and gas sector. The company participates as a partner in exploration blocks, including the Bintuni and Drawa blocks in Papua Barat, located near the Tangguh LNG facility, and holds interests in production-sharing contracts awarded in recent Indonesian bidding rounds.
Signed three PSCs in Indonesia: Bintuni and Drawa near Tangguh LNG (potential short‑cycle development) and Barong in East Java, raising participation to 11 blocks; part of 2025 bidding round.
