SPE Petroleum, Ltd

Why it is here

SPE Petroleum, Ltd is listed because the Indonesia Competition Commission (KPPU) found it guilty of bid rigging in a tender (Article 22, Law 5/1999) in case 31/KPPU-L/2010, decided on 9 December 2010. Tender: TENDER NO. SPM-002 INTEGRATED DRILLING SERVICES FOR EXPLORATION WELLS IN MADURA ISLAND BLOCK. It was fined IDR 2,500,000,000. The ruling may have been appealed in court.

Indonesia Competition Commission (KPPU) — Bid rigging in a tender (Article 22, Law 5/1999).

Details

Company

SPE Petroleum, Ltd

Authority

Indonesia Competition Commission (KPPU)

Decision

Bid rigging in a tender (Article 22, Law 5/1999)

Case

31/KPPU-L/2010

Tender

TENDER NO. SPM-002 INTEGRATED DRILLING SERVICES FOR EXPLORATION WELLS IN MADURA ISLAND BLOCK

Fine

IDR 2,500,000,000

Decided

9 December 2010

Ruling (PDF)

https://putusan.kppu.go.id/_lib/file/doc/Putusan_31_2010_Madura_upload26072011.pdf

Licence

Public rulings of the Indonesia Competition Commission (putusan.kppu.go.id)